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New · Listed Jun 22, 2026 · 125 days on market

6 Water Street, Tehkummah, ON P0P 1Z0

$2,650,000

Commercial · Sale Of Business · 6300 sq ft · For Sale

Exceptional mixed-use investment opportunity with property in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186,866 passengers and 68,087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering.

Property summary

TypeCommercial
SubtypeSale Of Business
Business typeRestaurant
Building area6300 Square Feet
Lot size168.71 × 172.99 ft
Taxes$10,000 / yr
Parking20
GarageOutside/Surface
PossessionFlexible
OccupantOwner+Tenant
Property
Lot width168.71
Lot depth172.99
Lot shapeIrregular
Building & Loading
Clear height (ft)10
Power & Services
Heating typeElectric Forced Air
SewerSanitary
UtilitiesAvailable
Residential
GarageOutside/Surface
Zoning & Taxes
Taxes / yr$10,000
Tax year2026
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Data provided by TRREB. Listed by CENTURY 21 GREEN REALTY INC..

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