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Home ON Greater North Bay Callander
5 MAIN STREET S
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5 MAIN STREET S $1,395,000
$1,395,000
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5 MAIN STREET S
Callander, Ontario P0H1H0

MLS® Number: X12207168

Listing Description

Exceptional Waterfront Investment Opportunity on Lake Nipissing. Discover the perfect blend of commercial potential and residential tranquility with this rare waterfront offering on the pristine shores of Lake Nipissing in beautiful Callander Bay. This versatile property includes a well-known commercial space, a charming single-family home, and a profitable two-unit rental a dream setup for entrepreneurs, investors, or those seeking a live-work lifestyle. The main level features the beloved local establishment, Lu Lus Callander Bar and Grill, a thriving restaurant/sports bar with a loyal customer base. Above the restaurant, the expansive second and third floors offer untapped potential ready to be transformed into rental apartments, or additional commercial space to suit your vision. The single-family home offers functional living with 3 bedrooms, 1 bathroom, and an attached garage. Situated right on the bay, it boasts serene lake views and direct access to the water perfect for year-round enjoyment. Adding further value, the property includes a two-unit rental building, each with 2 bedrooms and 1 bathroom, ideal for generating steady passive income. Ample parking and direct lake access make this an attractive destination for both sledders in the winter and boaters in the summer. Whether you're expanding your business portfolio or looking for a lifestyle investment, this unique property offers endless possibilities in a sought-after waterfront location. Don't miss your chance to own a truly one-of-a-kind lakefront gem. (40646651)

Location Description

Lansdowne Street

Property Summary

Property Type
Business
Community Name
Callander
Land Size
0.729 ac
Annual Property Taxes
$7,013.18
Time on REALTOR.ca
19 days

Building

Interior Features
Appliances Included
Window Coverings
Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)
Neighbourhood Features
Amenities Nearby
Highway

Measurements

Square Footage
9000 sqft

Land

Lot Features
Frontage
107 ft ,6 in
Land Depth
260 ft ,9 in
Other Property Information
Zoning Description
C1
Data provided by: North Bay and Area REALTORS® Association 1281 Cassells Street, North Bay, Ontario P1B 4B8
THOMAS CASEY