120 ONTARIO Street

Burk's Falls, ON

2,000 sqft • Commercial Retail • 342 days on market

$398,888Price reduced 5%

So many opportunities with this renovated century home located on the busy main artery into and out of town. This well maintained building, with it's beautiful architecture, was once a thriving restaurant with outdoor patio. Only one other sit down/take out dinner restaurant is in the village!! In the past it has served many hungry patrons from the area as well as others visiting the area on vacation or visiting their cottages. All of the equipment and tableware needed are here for you to take over the location and begin your dream of owning your own restaurant. Two long term tenants apartments upstairs, the smaller one is vacant. What other possibilities could be within these walls? What about a fantastic, high traffic location for a collective of local artists or antique dealers on the main floor? Maybe convert the main floor into one or two living quarters to expand the rental income or live there yourself? A number of buildings on this main street have done just that. Government subsidies may be available to convert the main floor area of this historic residence. This beautiful building, with it's abundant parking area, has so many possibilities just waiting for someone to explore them. Huge outdoor patio which could have so many uses depending on the new owner's vision. Maybe it's a communal patio/BBQ space for the building tenants or a community garden for the area? There's a welcoming entrance area off of the main street and lots of storage in the basement, if needed. A large pylon sign with great visibility for the building is located on the street. Whatever your plans are, this building can be the start. Burk's Falls is an up and coming community with revival projects in place and easy access to lake country as well as quick access to the highway for the commuter. Come and view this space it could be exactly what you need!

Listing Details

Taxes (2025): $6,140
Originally Listed: $418,888
Listed: September 12, 2025

Price History

Listing history

Property

Age: 51-99

Location & Legal

Cross Street: Highway 11 to exit 257 then right to S.O.P.
Zoning: C1
Parcel Number: 521420182
Possession: Flexible

Commercial

Occupancy: Tenant
Rental Term: 60 months

Included

Inclusions: All Appliances and Equipment as Seen
Exclusions: Tenant Personal Items
Rental Items: None

Community

Postal area P0A

Population: 17,822
Private dwellings: 14,748
Median age: 56.8
Average household size: 2.2
Median household income: $68,000

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

Commercial in Burk's Falls · last 12 months

Median sold price: $397,700
Homes sold: 30
Median days on market: 68
Sale-to-list price: 93.0%

Based on 30 recorded sales of commercial properties in Burk's Falls over the last 12 months.

Listed by

Royal LePage Lakes Of Muskoka Realty