Jag Patel
Broker
$499,000
Available - For Sale
Listing ID: X12302301
2502 Highway 518 N/A West , McMurrich/Monteith, P0A 1Y0, Parry Sound
| Seeking a unique investment opportunity? Nestled at the crossroads of adventure, you'll find the iconic Sprucedale Hotel positioned alongside the Seguin and OFSC Snowmobile/ATV Trail systems as the only stop between Parry Sound and Algonquin Park. This historic establishment is more than just a building, its a gateway to countless experiences and memories waiting to be created. This prime location is ready for your next venture, and is perfectly situated for outdoor enthusiasts and travelers alike. The potential for foot traffic and visibility is exceptional, making it an ideal spot for your business to thrive. The commercially zoned main floor boasts a spacious bar, dining area, bathrooms and kitchen space. The second and third floors are a blank canvas, stripped down to their structural studs, offering a unique opportunity to design an owner's residence or create rental units for additional income. With the right vision, you can maximize the potential of this space, transforming it into something truly extraordinary. This is your chance to invest in a piece of history and make your dreams a reality. Whether you envision a vibrant gathering place for locals and tourists, a serene retreat for outdoor lovers, or a new location for your business, the possibilities are boundless (buyer to verify with municipality). Don't miss out on the opportunity to shape the future of the Sprucedale Hotel! Property is being sold as is. |
| Price | $499,000 |
| Taxes: | $3450.35 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 2502 Highway 518 N/A West , McMurrich/Monteith, P0A 1Y0, Parry Sound |
| Postal Code: | P0A 1Y0 |
| Province/State: | Parry Sound |
| Legal Description: | PT LT 15 CON 11 MCMURRICH SRO PT 1 42R13 |
| Directions/Cross Streets: | Highway 518 W/ Stisted Road N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 6500.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 65 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Area Influences: | Recreation/Comm Skiing |
| Approximatly Age: | 100+ |
| Financial Statement: | F |
| Franchise: | F |
| Seats: | 120 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | No |
| Sewers: | Septic |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
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| Sotheby's International Realty Canada |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Parry Sound |
| Municipality: | McMurrich/Monteith |
| Neighbourhood: | Sprucedale |
| Approximate Age: | 100+ |
| Tax: | $3,450.35 |
| Fireplace: | N |
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