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Renanza Realty
For sale

106 Chitek DRIVE

Chitek Lake, Saskatchewan

MLS® SK026460

$3,250,000

Status
Active
Property type
Business
MLS® number
SK026460
Bedrooms
Bathrooms
Year built
2023

Listing description

Incredible business opportunity!! Little Pine Lodge is a thriving and growing year-round cabin rental business with boat/kayak/fishing shack/and snowmobile rentals and a clothing boutique, PLUS a Fishing lodge with an outfitting license. Owners are continuing to do improvements to grow this incredible business drawing clientele from all over western Canada.

This property is 4 lots with 105’ of lakefront, 4 dock spaces, marina with rental spots and a boat house. Situated along the shores at the gorgeous Chitek Lake with its breath-taking views, quick access to the water and beaches making it the perfect location for your guests. Featuring 9 Cabins, 2 being waterfront.

Cabin #1-192sq ft sleeps 4. Cabin #2- 240sq ft sleeps 4. Cabin #3- 1209 sq ft sleeps 12.

Cabin #4- 768sq ft Sleeps 8. Cabin #5 -768sq ft sleeps 8. Cabin #6 -720sq ft Sleeps 8.

Cabin#7 -740sq ft sleeps 5. Cabin #9 -480sq ft sleeps 7. Cabin #10 -1850sq ft Sleeps 20 with a new Hot Tub.

New 150’ well in 2021, new water pressure system in 2021, 7 septic tanks. Little pine Cabins sale includes all cabins fully furnished. Newly renovated and expanded Boutique now stocked with grocery, as well as serving ice cream, dole whip and all the cabin/lake essentials (this is an optional addition to the business and can be scaled down or stay the same depending on buyers wants/desires).

All clothing, and grocery items in the boutique will be at landed invoice cost on the date of possession. With the new highway completed in the summer 2023 the drive to this incredible lake even more breathtaking than before. This business opportunity would be the perfect multifamily investment that would provide the flexibility for owners, and allowing the business to continue to grow and flourish.

Financial statements will only be released and available to interested parties who sign a confidentiality agreement. If Buyers want to purchase as a "Share Sale" Sellers list price is is reduced to $3,000,000.

Property summary

MLS® number
SK026460
Property type
Business
Square footage
9,667 sq ft
Title
Freehold
Built in
2023
Annual property taxes
$14,000.00
Days on market
230 days

Features & details

Heating
Other

What would this home cost you?

Based on the $3,250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$15,122 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX North Country, Warman.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

106 Chitek DRIVE, Chitek Lake, Saskatchewan — For Sale | Renanza