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TTRREB MLS® ListingInformation is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Brokerage: RE/MAX CROWN REALTY (1989) INCLast Updated: Mar 11, 2026 at 9:09 AM EDTData provided by the Toronto Regional Real Estate Board (TRREB) via PropTx / AMPRE.
Want full details? Sold history, days on market, and additional listing data are available to registered users after a one-time terms acceptance.

852 Main Street, Powassan, ON P0H 1Z0, Powassan, ON, P0H 1Z0

MLS: X12845292 | Commercial 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.

Directions: HWY 11S, Right onto Main Street, Right side of Road.
Inclusions: See Chattel List

Quick Facts

  • Property Type: Commercial Retail
  • Bedrooms: None
  • Bathrooms: 3
  • Lot Size: 0 sq ft (0.0 m²)

Costs

  • Annual Taxes: $3,824.42 (2025)

Listing Provided by: RE/MAX CROWN REALTY (1989) INC
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Cooling: Yes
  • Utilities: Available
  • Security: No

Exterior & Construction

  • Sewer: Septic

Lot & Land

  • Lot Size: 0 sq ft (0.0 m²)
  • Zoning: M1

Community & Neighbourhood

  • Neighbourhood: Powassan

Listing Information

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

Listing History

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Location & Neighborhood

📍852 Main Street, Powassan, ON P0H 1Z0, Powassan, ON, P0H 1Z0

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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
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852 Main Street, Powassan, ON P0H 1Z0, Powassan, ON, P0H 1Z0

ASAP
 
SUN
10
May
MON
11
May
TUE
12
May
WED
13
May
THU
14
May
FRI
15
May
SAT
16
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question