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$ 775,000
Est. payment /mo
Active
852 Main ST Powassan, ON P0H 1Z0
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Powassan
MLS Listing ID X12845292
Annual Tax Amount $3,824
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers.
Location
Province ON
County Parry Sound
Area Parry Sound
Zoning M1
Interior
Cooling Yes
Inclusions See Chattel List
Exterior
Utilities Available Available
Lot Frontage 100.0
Lot Depth 200.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX CROWN REALTY (1989) INC