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$499,000
Available - For Sale
Listing ID: X12302301
Seeking a unique investment opportunity? Nestled at the crossroads of adventure, you'll find the iconic Sprucedale Hotel positioned alongside the Seguin and OFSC Snowmobile/ATV Trail systems as the only stop between Parry Sound and Algonquin Park. This historic establishment is more than just a building, its a gateway to countless experiences and memories waiting to be created. This prime location is ready for your next venture, and is perfectly situated for outdoor enthusiasts and travelers alike. The potential for foot traffic and visibility is exceptional, making it an ideal spot for your business to thrive. The commercially zoned main floor boasts a spacious bar, dining area, bathrooms and kitchen space. The second and third floors are a blank canvas, stripped down to their structural studs, offering a unique opportunity to design an owner's residence or create rental units for additional income. With the right vision, you can maximize the potential of this space, transforming it into something truly extraordinary. This is your chance to invest in a piece of history and make your dreams a reality. Whether you envision a vibrant gathering place for locals and tourists, a serene retreat for outdoor lovers, or a new location for your business, the possibilities are boundless (buyer to verify with municipality). Don't miss out on the opportunity to shape the future of the Sprucedale Hotel! Property is being sold as is.
Price $499,000
Taxes: $3,450.35
Tax Type: Annual
Occupancy by: Vacant
Address: 2502 Highway 518 N/A West , McMurrich/Monteith, P0A 1Y0, Parry Sound
Postal Code: P0A 1Y0
Province/State: Parry Sound
Legal Description: PT LT 15 CON 11 MCMURRICH SRO PT 1 42R13
Directions/Cross Streets: Highway 518 W/ Stisted Road N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 6,500
Total Area Code:  Square Feet
Office/Appartment Area: 65
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Recreation/Comm   Skiing
Approximatly Age: 100+
Financial Statement: F
Franchise: F
Seats: 120
Maintenance: 0
Sprinklers: No
Outside Storage: F
Crane: F
Heat Type: Propane Gas
Central Air Conditioning: No
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Sotheby's International Realty Canada

2502 Highway 518 N/A West , McMurrich/Monteith, P0A 1Y0, Parry Sound


 
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At a Glance:
Type: Com - Commercial Retail
Area: Parry Sound
Municipality: McMurrich/Monteith
Neighbourhood: Sprucedale
Style:
Lot Size: x 71.00(Feet)
Approximate Age: 100+
Tax: $3,450.35
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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