Skip to main content
3171 Highway 17B

3171 Highway 17B

MacDonald Meredith & Aberdeen Township, Ontario

  • Retail
$399,900

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

Walk Score is unavailable for this address right now.

Mortgage Calculator

$79,980

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,474

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.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences