4244 Highway 520

Magnetawan, Magnetawan, P0A 1P0

$1,795,000

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Listed 68 days ago · MLS® X13668352

About this home

Rare opportunity to own a convenience store business and one of a kind Restaurant with real property in Magnetawan, ON. The Convenience Store currently holds a license permitting liquor sales, providing an additional revenue opportunity and further diversifying the business. Situated on a corner lot with ample parking, just 45 minutes from Parry Sound and Huntsville. The Property's location on HWY 520 surrounding local community as well as cottage and tourist market. Plenty of room to grow business, with potential to add Beer/wine in Convenience Store, Vape store and more. First floor has 4 bed 1 bath and 3 bed 2 bath units. Second floor has 7 bedroom 1 bathroom which can be used for Airbnb/Vrbo. A true turn-key operation, perfect for a hands-on family ownership model or Investor.

Details

Type
Sale Of Business
Lot
132 × 208 ft
Garage
None
Property tax
$8,905 (2025)
Neighbourhood
Magnetawan
Municipality
Magnetawan

Heating, cooling and services

Heating
Propane Gas
Air conditioning
Yes
Water and sewer
Septic
Utilities
Yes

Building and exterior

Building area
11,657 Square Feet

More

Possession
Flexible
Cross street
N Sparks St/Burrows St
Business type
Convenience/Variety

Listed by RE/MAX REAL ESTATE CENTRE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.