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$1,395,000
Available - For Sale
Listing ID: X12207168
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.
Price $1,395,000
Taxes: $7,013.18
Tax Type: Annual
Occupancy by: Owner+T
Address: 5 Main Stre South , Callander, P0H 1H0, Parry Sound
Postal Code: P0H 1H0
Province/State: Parry Sound
Legal Description: LT 1 W/S MAIN ST, 2 S/S LANSDOWNE ST PL
Directions/Cross Streets: Lansdowne Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: With Property
Use: Restaurant
Building Percentage: T
Total Area: 9,000
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Tuesday
Employees #: 10
Seats: 149
Maintenance: 0
Expenses Actual/Estimated: $Act
Sprinklers: No
Rail: N
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
Sewers: Sanitary
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Century 21 Blue Sky Region Realty Inc., Brokerage

5 Main Stre South , Callander, P0H 1H0, Parry Sound


 
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Type: Com - Sale Of Business
Area: Parry Sound
Municipality: Callander
Neighbourhood: Callander
Style:
Lot Size: x 260.77(Feet)
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Tax: $7,013.18
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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