Property Information:
Opportunity Knocks! This commercial building is located on Portage Bay, Lake of the Woods. The main floor was operated as a pub, "The Lakeshore," for decades. The second and third floors have been mainly opened up for future development. Each floor is approximately 3000 square feet. The property also includes an outside terrace that is 2200 square feet in size and has glass railings that look out over the lake. There are engineered site plans to convert the upper two levels of the hotel into eight suites if this is the route you choose, as the possibilities are endless. The suites will consist of two two-bedroom suites and four one-bedroom suites, two of which will have bunk rooms. There are a total of four studio suites available, each of which features a fully equipped kitchen as well as a private bathroom. The lake may be seen from the spacious balconies of six of the eight suites and during the winter months the property is accessible from the main snowmobile trail right out front. This business can be much more prosperous with a clear vision and a new buyer with the drive to complete the plan already provided!
