Lease Improvement for sale in Uranium City, SK

This lease improvement to be sold by unreserved auction from Canada Real Estate Event, December 10, 2024

Secluded Lake Island Lodge & Retreat

2.05± Acres w/ Space for Expansion
Lodge (1,950± Sq. Ft.) w/ 10 Bedrooms (Sleeps 20)
Patio w/ Furniture Set & Barbecue
Guide Building to Accommodate 2 Guests
Solar & Wind Power w/ Backup Fuel Generators (4)
Water Supplied via Well Pump w/ Pressure System
Floating Dock, Boat & Utility Trailers
Lease: $3,653 Per Year (Expires May 2025)
33-Year Renewal Available upon Qualification
Property Tax: Below $100 Annually

Auction Information

This real estate will be sold on December 10, 2024 by unreserved public auction from the Ritchie Bros. Canada Real Estate Event. Subject to creditor and lawyer approval.

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Direction to Property

By boat to GPS coordinates

GPS 59.335525, -108.761607

Uranium City, SK

Parcel 1 – Govt of Saskatchewan Lease Improvement Property # 302812 – 2.04± Acres - Fishing Lodge

A secluded island retreat is up for grabs with these 2.05+/- acres on Lake Athabasca near Uranium City, SK. With space for expansion, this land houses a remarkable lodge in a secluded bay on the northeast corner of Grouse Island and is perfect for operating a fishing lodge or private getaway. Built in 2001 and remodeled in 2006, the lodge is 1,950 square feet complete with 10 bedrooms (sleeps 20) and two full bathrooms. The living room space comes with a 50-inch TV, games, and seating. The dining area has a large table and 40 chairs, while the full kitchen comes with cookware, dishes, cutlery, refrigerator, ice maker, a flat-top grill, electric stove, double sink, and Bosch dishwasher. There is also a furnished patio with a barbecue. In addition, a separate guide building can accommodate two guests. While power is supplied via solar and wind, there are four fuel-powered generators as a backup, and a well pump and pressure system handles water supply. You’ll also take ownership of a floating dock, boat, utility trailers, 300cc Honda quad, 8x20 ft Seacan, storage shed, tools, welder, fishing rods, supplies, and more. Licensing sets a limit of 30 guests per day, but that can be expanded with additional construction. The current lease, which expires in May 2025, is $3,653 per year with the chance to renew for 33 years upon government approval. Property taxes for this real estate are below $100.

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.