72 James St
Parry Sound, P2A1T5
For Sale
$2,499,000
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With Property
CATEGORY26,242 Sq Ft
TOTAL AREAX8049046
MLSIDContact Us
Property Description
Excellent opportunity to own a luxurious sports bar/restaurant and an 18-room hotel located In downtown of Parry Sound. The property is 26,242 Sq Ft and approx. 20 parking spots & more in front & back of the Property. The half of the Property is occupied by the sports bar/ restaurant with seating capacity of 300 plus on main foor, 244 seats on 2nd Floor and 50 seats at the patio. Professional kitchen with 12 ft exhaust hood and tons of equipment, 4 washrooms, 2 walk-ins. Another half is hotel with 18 rooms and a master apartment. The owner has owned this property and business for 10 years. The management team and proft are very stable. The annual sales are $1.4 million and the net proft is about $320k with the owner hands-off. The Owner is planning to retire and sell this property and business. This property has a great potential.
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Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence
Property Details
Category
With Property
Usage
Restaurant
Zoning
C1
Total Area
26,242 Sq Ft
Lot Size
132' x 264'
Parking Spaces
20
Washrooms
4
Air Conditioning
Yes
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Listing contracted with Royal Lepage Signature Realty
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