For Sale

2502 Highway 518, McMurrich/Monteith (Sprucedale), Ontario P0A1Y0

$625,000

2502 Highway 518, McMurrich/Monteith (Sprucedale), Ontario P0A1Y0 is For Sale and has a listing price of 625,000. The property is located in the McMurrich-Monteith neighbourhood. It's been on the website for 26 Days.

  • Retail
    Property Type
  • 10
    Parking Spaces
  • MLS ID: X11900464
  • Office Name Sotheby's International Realty Canada,Sotheby's In
Property Description

Discover a Unique Investment Opportunity; The Iconic Sprucedale Hotel! Nestled at the crossroads of adventure, the Sprucedale Hotel stands as the only stop between Parry Sound and Algonquin Park along the popular snowmobile trail. This historic establishment is more than just a building; its a gateway to countless experiences and memories waiting to be created. Prime Location for Your Next Venture; positioned alongside the Seguin and OFSC Snowmobile/ATV Trail systems, this property is perfectly situated for outdoor enthusiasts and travelers alike. The potential for foot traffic and visibility is exceptional, making it an ideal spot for your business to thrive. Commercially Zoned Main Floor with Endless Possibilities; the main floor boasts a spacious bar and dining area, equipped with bathrooms and commercial kitchen. Transformative Space on Upper Floors; the second and third floors are a blank canvas, stripped down to their structural studs, offering a unique opportunity to design an owner’s residence or create rental units for additional income. With the right vision, you can maximize the potential of this space, transforming it into something truly extraordinary. Bring Your Vision to Life; this is your chance to invest in a piece of history and make your dreams a reality. Whether you envision a vibrant gathering place for locals and tourists or a serene retreat for outdoor lovers, the possibilities are boundless. Don’t miss out on the opportunity to shape the future of the Sprucedale Hotel! (id:43137)

Property Details
  • MLS ID: X11900464
  • Price: $625,000
  • Transaction Types: For Sale
  • Ref ID: 27753517
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/23/2024 X11900464 $625,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
McMurrich-Monteith
  • $528,732 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 5.92 % Up
  • Sold (12mo) 8
  • Rented (12mo) 0

  • 1 Month Change +12.5%
  • 3 Month Change +20.3%
  • 6 Month Change -32.5%
Walkscore
Property Type Distribution
  • All Houses
    43.5%
  • Commercial
    38.98%
  • Land for Sale
    17.51%
Additional Details
  • Sewers Septic System
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 23/12/2024 00:00:00
  • Zoning Y
  • Agent Name: MEGAN MCLEOD,REBECCA CAMPOL
  • Last Updated: 16/01/2025 14:57:45
Open House Dates
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