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$ 699,000
Est. payment | /mo
7 SqFt
$ 699,000
Est. payment | /mo
7 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7 sqft
Price per Sqft $99,857
MLS Listing ID X12006337
Annual Tax Amount $562
Tax Year 2024
Property Sub-Type Investment
Property Description
Well established fishing lodge located on gorgeous Nagagami Lake in Northern Ontario. Family owned and operated since 2003. The property is situated on 7.34 acres of lakefront deeded land. Access is approximately a 20 minute flight north of Hornepayne. There is no road access and reachable by fly in only. The lodge was built in 1972. The property has 6 rental cabins, a main lodge, executive cabin, a staff cabin, plus several smaller structures such as a fish cleaning station. The lake is approximately 8x6 miles in size and holds trophy walleye, northern pike, whitefish and perch. There are also trophy brook trout in the rivers feeding the lake. There are 4 two bedroom & 2 three bedroom rental cabins each with their own washroom, kitchen and woodstove heating. Water is supplied from the lake. Power is supplied by diesel generator. This is a turn key sale & includes all existing 18 ft Giesler cedar strip boats and motors. Everything stays other than the owners personal belongings. The lodge can easily accommodate 25 guests per night. This is an excellent opportunity with a huge upside for the right purchaser looking to purchase and expand the business. The lodge operates from May until October annually depending on weather. Guests are flown in on a private charter from Government Lake a short distance from Hornepayne. Guests fee includes flight in and out, boats, motors and gas. Lodge provides housekeeping services only. Fridges in cabins are electric and stoves are propane. This property would also be an excellent private getaway for those looking for a secluded location with excellent fishing.
Location
Province ON
County Algoma
Area Algoma
Interior
Cooling No
Exterior
Utilities Available None
Lot Frontage 724.3
Lot Depth 519.61
Listed by ROYAL LEPAGE FRANK REAL ESTATE