NewFor Sale

6 Water Street
Tehkummah, Manitoulin, ON, P0P 1Z0

Sale Of Business
TRREB
MLS® Number: X13474510
$2,650,000List Price
Sale Of BusinessProperty Type
6,300 sq ftSize
$10,000 / 2026Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 6 Water Street, Tehkummah, ON P0P 1Z0

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Description

Exceptional mixed-use investment opportunity with property 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. 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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$10,000 / 2026
Listing #:X13474510
Property Type:Sale Of Business
Size:6,300 sq ft
Land Size:168.71 x 172.99
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 GREEN REALTY INC.

Rooms

Details

Property

Property Type:Sale Of Business
Municipality:Manitoulin

Building

Size:6,300 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air
Utility Sewer:Sanitary

Land

Cross Street:Water Street & Highway 6 Ferry Terminal

$2,650,000

List price

6 Water Street, Tehkummah – Sale Of Business for sale · MLS® # X13474510 | CPRB