2502 Highway 518 N/A W, McMurrich/Monteith, ON P0A 1Y0

McMurrich/Monteith P0A 1Y0 Ontario

MLS: X12664384

$499,000

Added 2 days ago | For Sale

Listed by: Sotheby's International Realty Canada

About Property

Presenting a rare and strategic investment opportunity, perfectly positioned along the Seguin and OFSC trail systems in Sprucedale, Ontario. As the exclusive waypoint for outdoor enthusiasts between Parry Sound and Algonquin Park, this historic establishment, known as the iconic 'Sprucedale Hotel' offers a high-profile location with exceptional visibility and constant exposure to the region's year-round traffic. The property's commercially zoned main floor currently features a bar, dining room, kitchen area and restroom facilities, providing a solid foundation for operational use. Complementing the ground floor are the second and third levels, which have been stripped to the structural studs which provide a versatile blank canvas, offering a unique opportunity to custom-design the interior to meet a variety of high-potential requirements. Representing a significant piece of local history, and a location with geographic advantage, this property is ready for a visionary owner to capitalize on its unparalleled positioning. Property is being sold in "As-Is, Where Is" condition, buyers to verify intended uses with the Municipality.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 116 X 71
  • Water:Well
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Highway 518 W/ Stisted Road N
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $3488.7
  • Bedrooms:
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Propane Gas
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12664384

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