$745,000
Tehkummah
14 Given Road North, Tehkummah, Ontario, P0P1Z0
This retail property in Tehkummah is for sale offering roughly 1,750 sq ft of space. It has been on the market 66 days, fresher than the Tehkummah average of 138 days.
TURN-KEY COMMERCIAL + RESIDENTIAL OPPORTUNITY ON MANITOULIN ISLAND! Live, Work & Create In One Of The Island's Most Visited Waterfront Communities. Home To The Long-Established Southbay Gallery-A Celebrated Destination For Canadian & Indigenous Art, Fine Craft & Artisan Work For Over 30 Years-This Distinctive Property Offers Exceptional Lifestyle, Business & Income Potential.Ideally Located In South Baymouth, Manitoulin's Southern Gateway, Just Steps From The Chi-Cheemaun Ferry Terminal, Marina, Lake Huron, Swimming & Sandy Beaches. The Bright, Flexible Main-Floor Gallery Is Well Suited To Retail, Exhibitions, Workshops, Demonstrations & Special Events. Continue The Gallery's Legacy Or Bring Your Own Vision-Boutique, Creative Studio, Workshop Venue, Wellness Space Or Professional Practice.Comfortable 2-Bedroom, plus den Living Accommodations. Feature A Galley Kitchen & 1 and a half Baths, Making It Easy To Live & Work Under One Roof. Set On Approximately 1/2 Acre With Year-Round Road Access, The Property Is Surrounded By Hiking & Cycling Trails, Powwows, Studio Tours, Festivals, Farmers' Markets, Live Music & Manitoulin's Celebrated Arts & Culture Scene.An Ideal Opportunity For A Buyer Seeking The Perfect Combination Of Home, Income & Island Lifestyle. Live Upstairs, Operate The Gallery Below, Welcome Visitors Throughout The Busy Tourism Season-Then Head South For The Winter-or Enjoy Four-Season Manitoulin Living Year-Round.**** EXTRAS **** Major Improvements Include A Steel Roof, Updated 200-Amp Electrical, Insulated Siding, Updated Windows & Doors, Furnace, Kitchen & Bathrooms. Established Gallery Business & Inventory Available Separately. After More Than Three Decades, The Seller Is Ready To Retire-Opening The Door For The Next Owner To Carry This Special Property Forward. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 66 days on market, against an average age of 138 days across the listings currently for sale in this city
This retail in Tehkummah has been listed for 66 days, which is 72 days fresher than the city average of 138. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $745,000, about 11.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $145,525 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →No similar listings for sale right now.