Message Number422368
statusActive
Subject LinePrince Edward County's Largest Resort-Isaiah Tubbs Resort & Conference Centre. $25 Million. Approximately 23 acres & over 2000 feet of beachfront!
Business area
Canada
Ontario
Central and Eastern Ontario
Picton
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingJanuary 7 2024
Type DescriptionResort with Hotel Condo Development Opportunity
Location1642 County Rd 12, Prince Edward County
Price$25,000,000.00
Price CommentVTB Available for qualified buyers
Size23 acres (per Geowarehouse)
Building area70000
Building Area CommentMany buildings
Site area23 acres
ZoningTC (Tourist Commercial) & EP (Small portion)
CommentsVery rare opportunity to own the largest resort in Prince Edward County. Isaiah Tubbs Resort & Conference Center is situated on approximately 23 acres and has 2000 feet of beautiful, clean beachfront! Wow! Three wedding venues can be held at once. On West Lake, overlooking Sandbanks Provincial Park. 74 rooms, 12 cottages, large restaurant. Potential to add 260 additional units. Tennis Court. The value & price of the listing does not reflect the business revenue. Asset Sale.
Extras: Includes all furniture, equipment, chattels. The land and the grandfathered buildings is what makes the value of this property. Liquor License for 715 people. VTB possible. Owner will share all planning / development work to date.
Call Rosa at 647-444-9715 or Elizabeth Crombie at 613-849-4424 for showings and Confidentiality Agreement. Please do not go direct. See Schedule C. Buyers can come up with their own plans at this point. Call to discuss opportunities for expansion and redevelopment. Rare opportunity!
Internet Linkshttps://www.realtor.ca/real-estate/26212999/1642-county-road-12-rd-prince-edward-county-hallowell

https://isaiahtubbs.com/
Member Identifier9944
Client DetailsActive Investor
Client SituationNew Opportunity
Clients ObjectiveOpportunity
Motivation RatingPart Paper/Cash
Client WillTake Back Mortgage
Client Wants-- NONE --
Explain Client's MotivationToo Busy with Other Commitments
Broker's RecommendationGood
ControlMLS
NameRosa MacLeod
TitleSales Representative
Company NameRoyal LePage Signature Realty Inc., Brokerage
Address Line One30 Eglington Ave W Suite 200
CityMississsauga
State/ProvinceOntario
Zip/Postal CodeL5R 3E7
CountryCanada
Business Phone Number(905)568-2121
Cell Number647-444-9715
Home Number647-444-9715
FAX Number905-568-2588
Email AddressSend Email
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