2502 Highway 518 West, McMurrich/Monteith | Image 1

2502 Highway 518 West

McMurrich/Monteith

  • Commercial

$625,000
For Sale

Added 18 hours ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: CG

  • Age: 100+ years

  • Taxes: 3450.35

  • MLS®#: X11900464

  • Added: Dec 23, 2024 (18 hours ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: Sotheby's International Realty Canada

**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!

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: McMurrich/Monteith

  • Availability Date: Immediate

  • Assessment Amount: $238,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • UFFI: No

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Well

  • Amps: 200

Parking

  • Garage Type: None

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 15 CON 11 MCMURRICH SRO PT 1 42R13474; PT LT 16 PL 76 AS I

  • Taxes: $3,450

  • Taxes Type: Annual

Land

  • Cross Street: Highway 518 W/ Stist

  • Municipality District: McMurrich/Monteith

  • Parcel Number: 521680432

  • Sewer: Septic

  • Lot Depth: 71 Feet

  • Lot Frontage: 116 Feet

  • Lot Irregularities: 62.72 ft x 116.49 ft

  • Zoning: CG

Commercial Specific

  • Retail Area: 35

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 0.19

  • Total Area Metric: Acres

  • Office Size: 65

  • Office Size Metric: %

  • Area Influence: Rec Centre

  • Area Influence: Skiing

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 120

  • Business/Building Name: Sprucedale Hotel

  • Financial Statement: N

  • LLBO: N

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