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6 Water St, South Baymouth, ON

Name: 6 Water St, For Sale in South Baymouth - Zoocasa
Brand: CENTURY 21 GREEN REALTY INC.
SKU: X13474510
Price: 2650000 CAD

House

For Sale

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0020

MLS® X13474510

Overview

Key Facts

Type

Levels Business Opportunity

Size 6300 sqft

Garage

Taxes $10,000

Days Active 8

Lot Size

Approx. Age

Avg. Price Per Sqft $420

MLS® Number X13474510

Property Address: 6 Water St, South Baymouth, ON, P0P1Z0

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional mixed-use investment opportunity in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186, 866 passengers and 68, 087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. This well-established seasonal business is situated in a prime location on Manitoulin Island & presents exceptional growth potential for a new owner. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering. (id:58753)Show Description

MLS® NumberX13474510

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatForced air

A/CFully air conditioned

Extras

Map

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eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

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