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852 MAIN STREET, Powassan, Ontario, P0H1Z0

MLS: X12845292 | Retail

$775,000

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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)

Directions: Cross Streets: Chiswick Line. ** Directions: HWY 11S, Right onto Main Street, Right side of Road.

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®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Fully air conditioned

Exterior & Construction

  • Sewer: Septic System

Lot & Land

  • Lot Size: 0.4840 acres (0.2 ha)
  • Frontage: 100 ft (30.5 m)
  • Zoning: M1

Community & Neighbourhood

  • Neighbourhood: Powassan

Listing Information

MLS® NumberX12845292
BoardNorth Bay
Originating SystemNorth Bay and Area REALTORS® Association
BrokerageRE/MAX CROWN REALTY (1989) INC
Date ListedMarch 4, 2026
Last UpdatedMarch 11, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 852 MAIN STREET, Powassan, Ontario, P0H1Z0

DateDays on MarketPriceEventListing ID
🔄3/11/20266Status ChangedX12845292
3/4/20260$775,000For SaleX12845292
3/4/20260$775,000ListedX12845292

Location & Neighborhood

📍852 MAIN STREET, Powassan, Ontario, P0H1Z0
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