6 Water Street
Tehkummah, Ontario P0P 1Z0
$
2650000.00
mls number:
X13474510
bed
bath
6300
ft2
1
acres
Business
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Property Details
Listing Description
Exceptional mixed-use investment opportunity with property 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. 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:39198)
Summary
Property type
Business
built in
square footage
6300
sqft
annual property taxes
$10,000.00
community name
parking type
Not in CMS
land size
1
acres
time on market
Not in CMS

Interior Features

Appliances included Furniture

Heating & Cooling

Heating type Forced air

Cooling Fully air conditioned

Utilities

Sewer Sanitary sewer

Water Municipal water

Parking

Parking spaces 20

Business

Business type Restaurant

Listing Description
Listing Description

Lot Features

Frontage 168.8 ft

Lot dimensions 168.71 x 172.99 FT ; 0.665 - 28,966 sq.ft.

Lot features Irregular lot size

Other Property Information

Zoning Commercial Mixed Use

Data provided by: Sault Ste. Marie Real Estate Board
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