New

Exceptional Hospitality Investment in Downtown Parry Sound

CA$2,950,000

Description

Exceptional Hospitality Investment in Downtown Parry Sound | Rare opportunity to acquire a well-established 22-room hotel and thriving sports bar (LLBO)/restaurant located on a prominent corner in the heart of downtown Parry Sound. Set on a 26,000+ sq ft property with approximately 20 parking spaces plus additional parking at the front and rear, this landmark property offers scale, visibility, and strong year-round tourism exposure. The restaurant and sports bar occupy roughly half of the building and feature over 300 seats on the main floor, 244 seats on the second floor, and a 50-seat outdoor patio. The professionally equipped kitchen includes a 12-ft exhaust hood, extensive commercial equipment, two walk-in coolers, and four washrooms, allowing for efficient high-volume operations. Owned and successfully operated by the current owner for approximately 10 years, the business benefits from a stable management team and consistent performance. Recently renovated interiors enhance the guest experience, with new branding/signage, upgraded audio/video systems, restaurant furnishings and HVAC system. Additional space on the second floor and lower level provides opportunities for expansion, events, or additional revenue streams. Positioned at one of Parry Sound's most visible downtown intersections, 72 James Street offers an outstanding opportunity to acquire a recognized hospitality destination in a growing Northern Ontario market. *Some images may be digitally enhanced, virtually staged, or artist renderings and are provided for illustrative purposes only. Actual property condition and features may differ.*
Features
Basement
engel & völkers shop image

Engel & Völkers

Your advisor: Matt Smith

Property ID: AM-5515305

Property details
  • Property type

    Commercial Space

    Request all property details

    Get more information about this property

    I agree with the processing of my data for the purpose of searching for properties and being contacted by Harryson Holdings Inc.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

    You can find out in detail which data Harryson Holdings Inc. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

    • Receive full property details.

    • Get in touch with an advisor.

    • Confidential - data stays with E&V.

    Your shop

    Engel & Völkers

    engel & völkers shop image

    Provider:

    Harryson Holdings Inc.

    Privacy policy of content provider

    License partner of Engel & Volkers Canada Inc.

    wavy pattern