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$649,000

Business
Kagawong, Ontario

Listing Details
Property Id #: 17921-CM
Price: $649,000
Property Type: Business
Land Size: 0.485 Acres
Municipality / County: Manitoulin Island
Province: Ontario
Waterfront: No Unknown
Postal Code: P0P 1J0
Listing Remarks
Exceptional income property located at main intersection of "Ontario's Prettiest Village", Kagawong. This property is a corner location located within walking distance to the famous Bridal Veil Falls, gorgeous sand beaches, restaurants, marina, numerous hiking trails, and outstanding fishing! The building sits on just under half an acre of land and is made up of two commercial units and a high-end residential dwelling with stunning finishes. The residential unit has been fully renovated, has 2 bedrooms, 1 large bathroom with laundry facilities, a large entrance with built-ins, a large open-concept living space with modern kitchen, dining and living area. Hardwood floors, ceramic tiles, granite countertops, stylish wall coverings, plumbing and light fixtures throughout. Fall asleep to the soothing sound of the falls a short distance away. The larger of the two commercial units is a thriving candy shop that is included in the selling price. It has it's own front entrance, 2-piece bath, office and storage room. The smaller of the two commercial units is currently tenant occupied and operating as an ice cream parlour / lunch cafe. It has its own entrance, 2-piece bath and full kitchen. This Turn Key Business Won't Last Long. MLS # 2115911
Residence Remarks
Primary Residence: The residential unit has been fully renovated, has 2 bedrooms, 1 large bathroom with laundry facilities, a large entrance with built-ins, a large open-concept living space with modern kitchen, dining and living area. Hardwood floors, ceramic tiles, granite countertops, stylish wall coverings, plumbing and light fixtures throughout. Fall asleep to the soothing sound of the falls a short distance away.
Property & Land Remarks
Land Remarks: The building sits on just under half an acre of land and is a corner location known as "Boo Bah Lou Candy Corner" located within walking distance to the famous Bridal Veil Falls, gorgeous sand beaches, restaurants, marina, numerous hiking trails, and outstanding fishing!
Directions: Manitoulin Island. Highway 540 West to Kagawong.
Access: Year Round Road Access via Hwy 5490
Property Legal Description: PT LT 28 CON 15 BILLINGS PT 1 31R401,PT 2, 31R2526, PT 1 31R3661; TOWNSHIP OF BILLINGS; DISTRICT OF MANITOULIN
Land Size: 0.485 Acres
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Buildings
Bedrooms (Total): 2
Bathrooms (Total): 1
Additional: The Financials will be available for serious buyer inquiries (Form 560).

Buyer need not purchase the Boo Bah Lou Candy Store Business. If the Boo Bah Lou Candy Store is purchased, the Store inventory will not be part of the sale price.

There is a Chattel list.
Additional: Please allow 24 hours for tenants to be notified. 

The commercial portion of the building may attract HST on closing. Must be verified by accountant.

There has been a significant amount of electrical updates to the building. The chattels list has grown and all equipment is top of the line and close to new.
Additional: Inclusions: Dishwasher; Washer; Dryer - Electric; Range-Electric; Refrigerator; Generator in storage room. Everything can go with the building and land if requested with exception of the Buttercup Ice Creamery business equipment.


Additional Listing Remarks
How to View
How to View: Book an appointment via Showing Time or Call Listing Agent... Alan Directly at 705-282-4602

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