1 Water Street
Little Current, Ontario
MLS® 2125060
$1,449,000
- Status
- Active
- Property type
- Hospitality
- MLS® number
- 2125060
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 34Listing description
The Anchor Inn stands as a remarkable 136-year-old landmark business in the heart of Little Current on Manitoulin Island. Strategically positioned across from the bustling town docks in the downtown core, this iconic establishment has become a cornerstone of both the local community and the island's tourism industry. This thriving business currently features a vibrant and spacious dining room/restaurant, a popular bar that draws both locals and visitors, professional catering services, and 17 well-maintained rental units.
The Anchor Inn boasts impressive financial performance with strong cash flow, making it an exceptional investment opportunity. It currently is open 5 days a week providing the potential to expand sales. Under both current and previous ownership, the property has received consistent upgrades and maintenance, preserving its historic charm while ensuring modern functionality.
As a mainstay of Manitoulin Island's hospitality scene for over a century, The Anchor Inn represents a rare chance to acquire an established business with a rich heritage and proven success. Could this historic waterfront property be the golden business opportunity you've been searching for?
Property summary
- MLS® number
- 2125060
- Property type
- Hospitality
- Title
- Freehold
- Land size
- 125
- Parking
- Rear
- Days on market
- 334 days
Features & details
- Heating
- Boiler
- Flooring
- Hardwood, Laminate, Carpeted
- Exterior features
- Brick, Stucco, Metal
What would this home cost you?
Based on the $1,449,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of J. A. ROLSTON LTD. REAL ESTATE BROKERAGE, LITTLE CURRENT.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.