103 Wharf St, Keewatin, Ontario P0X 1C0

Listed for:
$375,000
0 beds
0 baths
Listed 347 days ago
103 Wharf St, Keewatin, Ontario P0X 1C0

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Listing provided by:
RE/MAX NORTHWEST REALTY LTD.
MLS® number:
TB230963
Agent:
Adam Bachynski
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About

DOWNTOWN WATERFRONT KEEWATIN Opportunity Knocks! This commercial building is located on Portage Bay, Lake of the Woods. The main floor was operated as a pub, "The Lakeshore," for decades. The second and third floors have been mainly opened up for future development. Each floor is approximately 3000 square feet. The property also includes an outside terrace that is 2200 square feet in size and has glass railings that look out over the lake. There are engineered site plans to convert the upper two levels of the hotel into eight suites if this is the route you choose, as the possibilities are endless. The suites will consist of two two-bedroom suites and four one-bedroom suites, two of which will have bunk rooms. There are a total of four studio suites available, each of which features a fully equipped kitchen as well as a private bathroom. The lake may be seen from the spacious balconies of six of the eight suites and during the winter months the property is accessible from the main snowmobile trail right out front. This business can be much more prosperous with a clear vision and a new buyer with the drive to complete the plan already provided! (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Metal
Parking space
Ownership Type
Amenities nearby

Location

Summary

Don't miss out on this incredible opportunity! Situated on Portage Bay, Lake of the Woods, this commercial building has a rich history as the home of "The Lakeshore" pub on the main floor for many years. The second and third floors are primed for future development, with each floor offering approximately 3000 square feet of space. Additionally, the property boasts a 2200 square foot outdoor terrace with stunning glass railings overlooking the lake.

For those with a vision, there are engineered site plans in place to transform the upper two levels into eight suites. The potential configurations are endless, with two two-bedroom suites, four one-bedroom suites (including two with bunk rooms), and four studio suites, each featuring a fully equipped kitchen and private bathroom. Six of the eight suites also offer spacious balconies with breathtaking views of the lake.

During the winter months, the property is easily accessible from the main snowmobile trail right outside the door, adding to its appeal. With the right buyer and a clear plan in place, this business has the potential to thrive and prosper in the hands of someone with the drive to bring the provided vision to life!

This property is located at 103 Wharf St. in the city of Keewatin, Ontario. It sits on a land size of under 1/2 acre and features a metal exterior finish. With a total of 3 stories, this property offers a unique opportunity for the right investor or entrepreneur.