
3171 Highway 17B
MacDonald Meredith & Aberdeen Township, Ontario
- Retail
Great opportunity to own established business in the friendly village of Echo Bay, just 15 minutes east of Sault Ste. Marie. This 2400 sqft restaurant with additional 2400 sqft on the basement level has unlimited potential for the motivated entrepreneur. Main floor consists of a spacious restaurant dining area, large kitchen, main floor storage room, employee washroom and two public washrooms for customer use. Dining room has occupancy for up to 98 people. Operational kitchen has functioning prep area, large counters, and stainless steel worktable. Dining room has garden doors onto raised wood deck for additional dining experience. Two staircases to lower level, which was previously a licensed bar, currently vacant. Additional features on the lower level include generous sized cold room, two customer washrooms, bar, dance floor, storage room, mechanical room and electrical room. Great location and exposure for tourists visiting the Loonie monument located right beside the restaurant. Call now for your private showing!SELLER IS RELATED TO THE REAL ESTATE SALES REPRESENTATIVE.
Price History
Property
- Lot Size
- 1.77 acres
Schools
Elementary
- Echo Bay Central Public School0.7 km
Public · Algoma DSB · 235 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 46% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0S
- Population
- 10,170
- Private dwellings
- 6,839
- Median age
- 50
- Average household size
- 2.3
- Median household income
- $85,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in MacDonald Meredith & Aberdeen Township · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of retail properties in MacDonald Meredith & Aberdeen Township over the last 12 months.
Walk Score
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Location
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Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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