852 Main Street, Powassan, ON

$775,000
MLS#:X12845292
0 beds
3 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Powassan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Premium 100 x 200 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers.

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Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Listed Date3/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size100 × 200 Feet
CountyParry Sound
Annual Tax$3,824.42
Legal DescriptionPT LT 10 RCP 318 PT B 42R4857; POWASSAN

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Location

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852 Main Street, Powassan, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 852 Main Street, Powassan, ON P0H 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$620,000
Monthly Mortgage$3,602
Property Tax (Est.)$319
Utilities & Maint.$350
Total Monthly Cost$4,271

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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852 Main Street, Powassan - null Bed 3 Bath Home For Sale | MLS# X12845292 | ZooZaa | ZooZaa Real Estate