1652 Russell Landing Rd

For Sale
$3,600,000
1652 Russell Landing Rd, Algonquin Highlands
Free Standing
CATEGORY
20,000 Sq Ft
TOTAL AREA
X8152080
MLSID
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Property Description
Great opportunity with 1100ft of prime waterfront - a 3+1 bedroom, 1 1/2 bathroom waterfront home with private dock also included. Home has updated appliances and finished lower level. Owner can live or rent out home on the property. Newer 13000L above ground fuel tank. The main building (2012) is approx. 4000sqft & features the sales, parts retail/mechanical building, & offices. The repair shop offers overhead doors on both ends of the 4 bay shop. Newer propane generator for store/shop in case of outage. A 17.7 acre parcel close by is included & has a 10000sqft indoor heated storage building & a 17500sqft unheated storage building erected in 2013/14. Both buildings with racking. The main marina parcel has 3 drystack buildings & 2 outbuildings. Extra newer floating steel tube docks for expansion purposes are available. The facility is licensed for beer/liquor sales. Asking price includes equipment/inventory. Presently 90 open & covered slips with room to expand. Appraisal around $4M. **EXTRAS** Company formed in 2020 - buyer can purchase the shares of the company or the assets of the company. Old Mill Marina currently services customers from Kawagama Lake (largest in Haliburton), Lake of Bays, Raven Lake, and many smaller lakes.
Property Details
Category
Free Standing
Zoning
C3-5cREC COMM
Total Area
20,000 Sq Ft
Office/Apartment Area
4,000 Sq Ft
Industrial Area
26,998 Sq Ft
Taxes
$37,388 (2023)
Parking Spaces
100
Air Conditioning
Yes
Listing contracted with Sutton Group Preferred Realty Inc.
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