852 MAIN STREET, Powassan, Ontario, P0H1Z0

Property Description

The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 3
• Lot Size: 0.4840 acres (0.2 ha)
• Frontage: 100 ft (30.5 m)

Costs

• Annual Taxes: $3,824.42 (2026)

Listing Provided by: RE/MAX CROWN REALTY (1989) INC
Board: North Bay and Area REALTORS® Association
Data provided via CREA DDF®.