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$2,650,000
Ontario,Tehkummah
For Sale Active
6 WATER STREET, Tehkummah, Ontario P0P1Z0
  • 6,300 Sqft
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Basic Details
Description

Exceptional mixed-use investment opportunity in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario’s most important tourism corridors, carrying approx

186, 866 passengers and 68, 087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. This well-established seasonal business is situated in a prime location on Manitoulin Island & presents exceptional growth potential for a new owner. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13474510
  • Price: $2,650,000
  • Square Footage: 6,300 Sqft
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 164016
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Fully air conditioned
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Tehkummah, P0P1Z0
  • Street: Water
  • Street Number: 6
  • Street Suffix: Street
  • Longitude: W83° 59' 25.3''
  • Latitude: N45° 33' 31.2''
Additional Information
  • Water Source:
  • Business Type: Restaurant
  • Lot Features:
  • Lot Size Dimensions: 168.71 x 172.99 FT ; 0.665 - 28, 966 sq.ft.
Financial
  • Tax Annual Amount: 10000
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Listing updated: 2026-06-30 09:20:30
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Listing Information
  • List Agent Key: 1733893
  • List Office Key: 164016
  • Modification Timestamp: 2026-06-23T14:30:04Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-23T14:23:48Z
Powered by REALTOR.ca
Listing updated: 2026-06-30 09:20:30
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