2502 HIGHWAY 518 W

$499,000

Sprucedale, McMurrich/Monteith, Ontario

  • 6,500 square feet
Commercial · RetailType
10Parking
NoneCooling
243Days on market
$77 / sqftPrice / sqft

About this 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. (id:66327)

Property details

Interior

Living area
6,500 square feet

Exterior & parking

Architectural style
[]
Lot size
0.189
Parking spaces
10

Building & HOA

Cooling
None

Financial & legal

List price
$499,000
Price / sqft
$77 / sqft
Annual taxes
$3,489
Status
Active
MLS® number
X12664384

Location

City
McMurrich/Monteith
Neighbourhood
Sprucedale
Province
Ontario
Postal code
P0A1Y0
Directions
Cross Streets: Highway 518 W/ Stisted Road N. ** Directions: Highway 11 to Highway 518 W to Sprucedale.

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estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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