Address not available, Blind River - Business for Sale
Blind River, Ontario, P0R1B0
This business in Blind River is for sale offering roughly 10,871 sq ft of space.
Description
Blind River is a vibrant northern Ontario community situated along the North Channel of Lake Huron, known for its scenic waterfront and welcoming small-town atmosphere. The town offers strong year-round amenities, including a hospital with a 24-hour emergency department, four elementary schools, and both English and French high schools. Outdoor enthusiasts enjoy the Boom Camp Trails, a popular network for walking, hiking, biking, and cross-country skiing. The community also hosts numerous local events and festivals throughout the year, and is home to a well-regarded 18-hole championship golf course, making Blind River an appealing destination for residents, visitors, and investors alike. This commercial property offers exceptional multi-use potential in a prime main street location. Mustangs Bar & Grill is a well-established, fully operational business featuring a connected pub and restaurant on the main floor. The fire-code occupancy is 280 and all current fire codes have been upgraded. The bar is equipped with two pool tables, seven slot machines, and ample seating, while the restaurant provides a dedicated dining area suitable for high-volume service. The space offers a beer cooler, storage areas, and industrial kitchen appliances, supporting efficient day-to-day operations. The second floor provides a substantial development opportunity, with space to build 10 short-term rental suites, ideal for visitors, contractors, and travelers passing through the region. The full basement includes a two-bedroom residential unit, office and storage. Additional features include 10 on-site parking spaces and a strong, well-established clientele for both the restaurant and bar. This is a standout opportunity for investors or owner-operators seeking a versatile commercial asset with multiple revenue streams in a central, high-visibility location (id:66096)
Property Details
- MLS®
- SM253360
- Property Type
- Business
- Business Type
- Restaurant, Retail and Wholesale
- Interior Size
- 10,871 ft²
- Lot Size
- 8,712 sq ft (0.20 ac)
- Basement
- Full
- Heating
- Forced air, Natural gas, Other
- Garage
- Other, Parking Space(s), Surfaced
- Property Tax
- $10,200/yr
- Listed
- 342 days ago
Features
- Foundation
- Block
- Exterior
- Vinyl, Siding, Concrete Block
- Lot Features
- Corner Site, Wheelchair access, Office space
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Natural Gas, Electricity, Telephone
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 342 days on market, against an average age of 127 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0R)
This home lists at $749,900, about 10.9× the local median household income of $68,500.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.
- Median household income
- $68,500
- Population
- 12,976
- Median age
- 54.8
- Owner / renter
- 83% / 17%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA P0R)
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$749,900
Blind River