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$3,380,000
Ontario,Parry Sound
For Sale Active
72 JAMES STREET, Parry Sound, Ontario P2A1T5
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Basic Details
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.* (id:59439)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12973712
  • Price: $3,380,000
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 289554
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Parry Sound, P2A1T5
  • Street: James
  • Street Number: 72
  • Street Suffix: Street
  • Longitude: W81° 57' 57.8''
  • Latitude: N45° 20' 43.4''
Additional Information
  • Water Source:
  • Business Type: Accommodation
  • Lot Size Dimensions: 0.6
Financial
  • Tax Annual Amount: 52979.35
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Listing updated: 2026-05-03 05:39:00
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Listing Information
  • List Agent Key: 2110166
  • List Office Key: 289554
  • Modification Timestamp: 2026-04-21T23:40:13Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-04-21T23:30:46Z
Powered by REALTOR.ca
Listing updated: 2026-05-03 05:39:00
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