5 Main ST S new

Callander,ON P0H 1H0

$ 1395000

- Bed

- Bath

9000 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $155

Subdivision Callander

MLS Listing ID X12207168

Annual Tax Amount $7,013

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Exceptional Waterfront Investment Opportunity on Lake Nipissing. Discover the perfect blend of commercial potential and residential tranquility with this rare waterfront offering on the pristine shores of Lake Nipissing in beautiful Callander Bay. This versatile property includes a well-known commercial space, a charming single-family home, and a profitable two-unit rental a dream setup for entrepreneurs, investors, or those seeking a live-work lifestyle. The main level features the beloved local establishment, Lu Lus Callander Bar and Grill, a thriving restaurant/sports bar with a loyal customer base. Above the restaurant, the expansive second and third floors offer untapped potential ready to be transformed into rental apartments, or additional commercial space to suit your vision. The single-family home offers functional living with 3 bedrooms, 1 bathroom, and an attached garage. Situated right on the bay, it boasts serene lake views and direct access to the water perfect for year-round enjoyment. Adding further value, the property includes a two-unit rental building, each with 2 bedrooms and 1 bathroom, ideal for generating steady passive income. Ample parking and direct lake access make this an attractive destination for both sledders in the winter and boaters in the summer. Whether you're expanding your business portfolio or looking for a lifestyle investment, this unique property offers endless possibilities in a sought-after waterfront location. Don't miss your chance to own a truly one-of-a-kind lakefront gem.

Location

Province ON

County Parry Sound

Community Callander

Area Parry Sound

Interior

Cooling Yes

Exterior

Community Features Major Highway

Utilities Available Yes

Lot Frontage 107.51

Lot Depth 260.77

Others

Security Features No

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