2502 HIGHWAY 518 W
McMurrich/Monteith (Sprucedale), Ontario
MLS® X12664384
$499,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12664384
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 31Listing description
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.
Property summary
- MLS® number
- X12664384
- Property type
- Retail
- Square footage
- 6,500 sq ft
- Land size
- 0.189 acres
- Annual property taxes
- $3,488.70
- Parking
- 10 spaces
- Days on market
- 240 days
Features & details
- Cooling
- None
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $499,000 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 Sotheby's International Realty Canada, PORT CARLING.
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.