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    For Sale - 6 Water Street, Tehkummah, Ontario

    Est payment $12,725/mo
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    Views   1
    Time on Jump  8 day

    AI Summary *

    • Mixed-use investment opportunity with a restaurant, retail, and residential space.
    • Located near Chi-Cheemaun ferry for high seasonal tourist traffic.
    • Multiple income streams from dining, retail sales, and rental income.
    • Prime location offers visibility to visitors entering and leaving the island.
    • Growth potential with opportunities for expanded operations and services.




    Exceptional mixed-use investment opportunity 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. This well-established seasonal business is situated in a prime location on manitoulin island & presents exceptional growth potential for a new owner. 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.
    Listing IDX13474510
    Address6 Water Street
    CityTehkummah, Ontario
    Price$2,650,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Electric Forced AirSewer Sanitary

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    Listing Agency:  CENTURY 21 GREEN REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    6 Water Street
    Tehkummah , Ontario
    $2,650,000
    Get more info