72 James St Parry Sound, Ontario P2A 1T5

4 Bathroom 26,242 ft2
Fully Air Conditioned

$3,180,000

Excellent opportunity to own a luxurious sports bar/restaurant and an 18-room hotel located In downtown of Parry Sound. The property is 26,242 Sq Ft and approx. 20 parking spots & more in front & back of the Property. The half of the Property is occupied by the sports bar/restaurant with seating capacity of 300 plus on main floor, 244 seats on 2nd Floor and 50 seats at the patio. Professional kitchen with 12 ft exhaust hood and tons of equipment, 4 washrooms, 2 walk-ins. Another half is hotel with 18 rooms and a master apartment. The owner has owned this property and business for 10 years. The management team and profit are very stable. The annual sales are $1.4 million and the net profit is about $320k with the owner hands-off. The Owner is planning to retire and sell this property and business. This property has a great potential.**** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:26892)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X6717910
Property Type Business
Parking Space Total 20

Building

Bathroom Total 4
Cooling Type Fully Air Conditioned
Size Interior 26,242 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Irregular 132.32 X 263.56 Ft
Size Total Text 132.32 X 263.56 Ft

https://www.realtor.ca/real-estate/25910382/72-james-st-parry-sound

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What Client say about us

Frank & Cindy Geard

Dear Broker, Our experience with Tula Thomas was an exceptional one. We found her to be professional, knowledgeable and went above and beyond our expectation. We would highly recommend her to all of our family and friends, in fact we have. She helped in the purchase of my daughter and son in laws first home.… Read more “Frank & Cindy Geard”

Frank & Cindy Geard

Roxanne Miller Oshawa

Our real estate experiences had not been very positive over the past 12 years until we met Tula Thomas. Tula’s real estate expertise, her incredible knowledge of the area we were moving to (Oshawa), and most importantly her honesty made our house purchasing and lifestyle change experience very manageable. Tula was supportive every step of… Read more “Roxanne Miller Oshawa”

Roxanne Miller Oshawa

Lorraine Strelesky

Tula Thomas recently helped us locate and purchase a home in Oshawa. She is very experienced and helpful and went beyond our expectations , even calling on closing to ensure things were moving as planned. We highly recommend Tula and perhaps we will work together again.

Lorraine Strelesky

Terri – Tony

We would recommend Tula Thomas to anyone we know who is buying or selling a home. Tula helped us with the challenge of finding the perfect home for a very particular 28 year old. We couldn’t have done it without her knowledge, professionalism, patience and mostly her quick action. Tula offered us great advice on… Read more “Terri – Tony”

Terri - Tony 3156 Concession Rd. 8, Orono, Ontario L0B 1M0

Sally and Pat

Thank you for making the sale of our property so seamless. With your experience, we got $15,100.00 more than what we were told was the highest we could get for it. We are over the moon with the results and we can’t thank you enough for all you’ve done. We have told many of our… Read more “Sally and Pat”

Sally and Pat

Adam & Melissa

Tula, With deepest sincerity, we want to express how grateful we are with your professionalism, attention to details and willingness to “shout from the rooftops” in order to sell our home. Thank you, Thank you, Thank you! Best wishes to you and Hayley Adam, Melissa, Dayna & Linda.

Adam & Melissa