haho.ca
$749,900
For sale

Address not available, Blind River - Business for Sale

Blind River, Ontario, P0R1B0

10,871 ft²Listed 342 days ago
Overview

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

Days on market
342d
Blind River listings, avg age
127d
Price / ft²
$69
List price
$750K

Long Listed: 342 days on market, against an average age of 127 days across the listings currently for sale in this city

Haho

This business in Blind River is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Royal LePage® Mid North Realty Blind River · Robert George Ambeault

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

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)

$749,900· $69/ft²
For sale

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$749,900

Blind River

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