388 BIG ISLAND Road Image 1

$1,300,000

Nov 11, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X10438625

388 BIG ISLAND Road, Prince Edward County, ON K0K 1W0

0
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Average Price
130000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 388 BIG ISLAND Road

With fantastic views of the Bay of Quinte directly across the road from this former cottage resort with tourism commercial zoning, you have a tremendous opportunity to either refurbish what used to be a wonderful family resort or change it to something new and modern! The property features a 3 bedroom/1 bath main owner's house with FA propane furnace & an attached 1 bedroom/1 bath in-law apartment with propane fireplace & wood stove. There are 7 cottages on the property of which only one is currently useable for rental/living. The other 6 cottages require significant TLC or replacement. The waterfront is municipally owned but there are 2 sheds owned by the resort which were used as a fish cleaning hut and the other for storage/store. There is an older drive shed on the property that requires replacement. Big Island is the largest of the offshore islands in popular Prince Edward County between Belleville & Demorestville and folks from all over Southern & Central Ontario have come for generations to enjoy their vacations here spring, summer, fall & winter. Enjoy everything the county has to offer including parks, wineries, great food and slower pace of life in general.

Home Overview

Last updated

Jan 7

Virtual tour

None

Basement information

Building size

5270

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

2024

Listed by Realty Executives Plus Ltd. Brokerage (Tiny Township)

Additional Details

Basement:N/A
Cooling:Unknown
Heating:Unknown
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4965.12/ month
$1,040,000 Principal and Interest
$1,248,000 Property Taxes

Location

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Walk Score for 388 BIG ISLAND Road

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