Listing Details
| Property Id #: |
19414-CM |
| Price: |
$489,000 |
| Property Type: |
Business |
| Land Size: |
32 ft X IRR - 0.115 ac |
| Municipality / County: |
Nemi - ne manitoulin & islands |
| Province: |
Ontario |
| Waterfront: |
No Unknown |
| Postal Code: |
P0P 1K0 |
Nestled in the heart of downtown Little Current on Manitoulin Island, this prime commercial property at 15 Water Street boasts a solid income stream. The building features 5 commercial units (3 on the second floor and 2 on the main floor) as well as a 2-bedroom residential apartment on the second floor. The main floor is occupied by a restaurant and a retail tenant, while the second floor houses multiple professional office spaces and an additional residential unit. For added convenience, the building offers ample storage areas that can be utilized by the owner or tenants. All second floor tenants have a separate main street access, and at the rear of the building, there is a pedestrian entrance as well as a shipping dock. This well-maintained property has undergone over $55,000 in recent renovations, including the installation of all-new air conditioning in 2022. Situated in the downtown core, this prime commercial location attracts year-round foot traffic, with activity amplifying during the busy summer season. Investors will appreciate this excellent opportunity, just steps away from the main town docks and the North Channel of Lake Huron. Call today to schedule your private viewing.
Property & Land Remarks
| Directions: |
Downtown Little Current Ontario |
| Access: |
Year Round Road Access |
| Property Legal Description: |
PT LT 23 N/S CAMPBELL ST PL SHAFTESBURY PT 1, 31R2224; NE MANITOULIN & ISLANDS; DISTRICT OF MANITOULIN: PIN: 471220515 |
| Land Size: |
32 ft X IRR - 0.115 ac |
View Map
Buildings
| Bedrooms (Total): |
2 |
| Bathrooms (Total): |
2 |
| Additional: |
Hydro for the upstairs units was $2,110 for 2024. Disclosure: Seller's have an issue with the propane line to the furnace and it is not properly sized and must be serviced by a licensed technician in the Spring. Furnaces are not presently in operation until propane line is fixed. Hydro for the downstairs was $7,569 - Seller's have restaurant equipment, 3 deep freezers, walk in coolers, etc... running 24/7. |
Additional Listing Remarks
How to View
| How to View: |
Contact listing agent at 705.282.4602 |
The content of the Site is provided on an “as is” basis. Cottage Marketer makes no warranty, expressed or implied, nor assumes any legal liability (to the extent permitted by law) or responsibility for the suitability, reliability, timeliness, accuracy or completeness of the content or any part thereof contained on the Site. Cottage Marketer expressly disclaims all warranties. In no event will Cottage Marketer, its affiliates or other suppliers be liable for direct, special, incidental, or consequential damages (including, without limitation, damages for loss of business profits, business interruption, loss of business information or other pecuniary loss) arising directly or indirectly from the use of (or failure to use) or reliance on the content or on the Site. Please see website terms and conditions for more information.
