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2502 Highway 518 N/A Image 1

$625,000

Dec 23, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X11900464

2502 Highway 518 N/A, McMurrich/Monteith, ON P0A 1Y0

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Average Price
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 2502 Highway 518 N/A

Discover a Unique Investment Opportunity; The Iconic Sprucedale Hotel! Nestled at the crossroads of adventure, the Sprucedale Hotel stands as the only stop between Parry Sound and Algonquin Park along the popular snowmobile trail. This historic establishment is more than just a building; its a gateway to countless experiences and memories waiting to be created. Prime Location for Your Next Venture; positioned alongside the Seguin and OFSC Snowmobile/ATV Trail systems, this property 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. Commercially Zoned Main Floor with Endless Possibilities; the main floor boasts a spacious bar and dining area, equipped with bathrooms and commercial kitchen. Transformative Space on Upper Floors; 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. Bring Your Vision to Life; 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 or a serene retreat for outdoor lovers, the possibilities are boundless. Don't miss out on the opportunity to shape the future of the Sprucedale Hotel!

Home Overview

Last updated

Feb 7

Virtual tour

None

Basement information

Building size

6500

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by Sotheby's International Realty Canada

Additional Details

Basement:N/A
Cooling:No
Heating:Propane Gas
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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