2502 HIGHWAY 518 W, McMurrich/Monteith (Sprucedale), Ontario, P0A1Y0

Property 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. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 6,500 sq ft (603.9 m²)
• Parking: 10 spaces
• Lot Size: 0.1890 acres (0.08 ha)
• Frontage: 116 ft (35.4 m)

Costs

• Annual Taxes: $3,488.70

Listing Provided by: Sotheby's International Realty Canada
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.