1 Water Street, Little Current, Ontario

$1,499,000

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About 1 Water Street

The Anchor Inn stands as a remarkable 136-year-old landmark business in the heart of Little Current on Manitoulin Island. Strategically positioned across from the bustling town docks in the downtown core, this iconic establishment has become a cornerstone of both the local community and the island's tourism industry. This thriving business currently features a vibrant and spacious dining room/restaurant, a popular bar that draws both locals and visitors, professional catering services, and 17 well-maintained rental units. The Anchor Inn boasts impressive financial performance with strong cash flow, making it an exceptional investment opportunity. It currently is open 5 days a week providing the potential to expand sales. Under both current and previous ownership, the property has received consistent upgrades and maintenance, preserving its historic charm while ensuring modern functionality. As a mainstay of Manitoulin Island's hospitality scene for over a century, The Anchor Inn represents a rare chance to acquire an established business with a rich heritage and proven success. Could this historic waterfront property be the golden business opportunity you've been searching for? (id:6289)

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Features of 1 Water Street

Listing # 2118802
Price $1,499,000
Bathrooms 0.00
Acres 0.00
Type Hospitality
Sub-Type Freehold

Community Information

Address 1 Water Street
City Little Current
Province Ontario
Postal Code P0P1K0

Amenities

Parking Rear
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No
Has Basement No

Exterior

Exterior Brick, Metal, Stucco
Roof Tar & gravel
Foundation Poured Concrete

Listing Details

OfficeJ. A. ROLSTON LTD. REAL ESTATE BROKERAGE

Listing Map

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