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No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently rented for $1900 per month (plus hydro). The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. Please be discreet if enjoying the restaurant. Come see!" +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"BusinessName": "```" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "907 - Perth" +"CoListOfficeName": "RE/MAX HALLMARK LAFONTAINE REALTY" +"CoListOfficePhone": "613-663-2720" +"Cooling": "Partial" +"Country": "CA" +"CountyOrParish": "Lanark" +"CreationDate": "2025-05-16T23:09:43.522736+00:00" +"CrossStreet": "Gore St E and Mill St" +"Directions": "Highway 7 to Wilson St W to North St to Gore St E" +"ElectricExpense": 5128.69 +"ExpirationDate": "2025-11-14" +"InsuranceExpense": 8511.48 +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Ottawa Real Estate Board" +"ListingContractDate": "2025-05-16" +"LotSizeSource": "MPAC" +"MainOfficeKey": "505300" +"MajorChangeTimestamp": "2025-05-20T20:13:53Z" +"MlsStatus": "New" +"NetOperatingIncome": 54505.42 +"OccupantType": "Owner+Tenant" +"OperatingExpense": "29374.2" +"OriginalEntryTimestamp": "2025-05-16T20:16:39Z" 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Description
Commercial Investment opportunity in the town of Parry Sound with residential units. Great exposure in this high traffic area w/ businesses & restaurants close by. A charming brick building with radiant that has maintained its character. 2 bedroom and loft apartment vacant so you can quickly rent out or move in. Main floor currently set up 2 offices, with one being a double room with french doors. Sitting area and common room area and 3 piece bathroom additionally on the main floor. 3 separate entrances. Full basement for plenty of storage with laundry room. Back deck, side/rear yard, paved driveway expanded for plenty of parking. Large sign stand for advertising. An opportunity to live, run an business and earn rental income to help pay your mortgage! With lack of residential units in town, don’t miss your chance! The Seller is a real estate broker.
Details
MLS® Number
X12214108
X12214108
Property Size
2106 Sqft
2106 Sqft
Additional details
- Utilities: Yes
- Cooling: No
- County: Parry Sound
- Property Type: Commercial Sale
Address
- Address 97 James Street
- City Parry Sound
- State/county ON
- Zip/Postal Code P2A 1T7