$799,900^{FOR SALE}

Investment

Lot: 128.5 x 237.29 ftTotal Area: 22,000 ft²
2023 Taxes: $10,000

198 Ontario St
Burk's Falls, ON P0A 1C0 | Parry Sound

Great Investment Property In Downtown Burk's Falls. 45 Mins N Of Gravenhurst Or S Of Northbay. About 22,000 Sft Of Commercial Mixed-Use Property. Operate Huge Pub W/Patio & Outdoor Space For Events, From W/O Bsmt. Gr Flr Retail Space Could Be Renovated Or Turn It Around Into **13 Hotel Suites. The 2nd & 3rd Flr Awaits Finishing **10 Appartment Units (**conceptual drawings available). Basement Pub Is Currently Leased. Build The Hotel & Apartments The Town Needs

Extras

W/O Basement Restaurant/Pub With Existing Lease. Existing Furnace Etc. Huge Potential To Develop into hotel and renovate the main floor into multiple retail units to rent. Existing Conceptual Drawings Can Be Provided.

Listed By	BEST ADVICE REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X7374264
Last Updated	Jan 07, 2024

Property Summary

Property Type	Investment More like this: Burk's Falls Investment for Sale
Use	Hotel/Motel/Inn
Category	Accommodation
Legal Description	Legal Desc: Lt 5 W/S Copeland *(Remarks For Broker
Occupancy	Partial
Taxes (2023)	$10,000
Tax Type	Annual
Directions/Cross Streets	Hwy 11 To Ontario St
Area	Parry Sound

Price History

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Detailed Information

Freestanding	Y
Lot	128.5 x 237.29 ft
Retail Area	5,400 ft²
Total Area	22,000 ft²
Approximate Age	100+
Air Conditioning	N
Basement	Y
Garage Type	None
Heat Type	Gas Forced Air Open
Area Influences	Major Highway, Public Transit
Sprinklers	Y
Utilities	A
Water	Municipal
Truck Level Shipping Doors	1
Survey	N
Lot/Bldg/Unit Code	Lot
Zoning	Commercial
Seller Property Info Statement	N

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198 Ontario St, Burk's Falls, ON P0A 1C0

Investment

198 Ontario St Burk's Falls, ON P0A 1C0 | Parry Sound

198 Ontario St
Burk's Falls, ON P0A 1C0 | Parry Sound