2502 Highway 518
McMurrich/Monteith, ON
- 6,500 sqft
- Commercial Retail
- 254 days on market
Presenting a rare and strategic investment opportunity, perfectly positioned along the Seguin and OFSC trail systems in Sprucedale, Ontario. As the exclusive waypoint for outdoor enthusiasts between Parry Sound and Algonquin Park, this historic establishment, known as the iconic 'Sprucedale Hotel' offers a high-profile location with exceptional visibility and constant exposure to the region's year-round traffic. The property's commercially zoned main floor currently features a bar, dining room, kitchen area and restroom facilities, providing a solid foundation for operational use. Complementing the ground floor are the second and third levels, which have been stripped to the structural studs which provide a versatile blank canvas, offering a unique opportunity to custom-design the interior to meet a variety of high-potential requirements. Representing a significant piece of local history, and a location with geographic advantage, this property is ready for a visionary owner to capitalize on its unparalleled positioning. Property is being sold in "As-Is, Where Is" condition, buyers to verify intended uses with the Municipality.
Listing Details
- Taxes (2025)
- $3,489
- Listed
- January 5, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 116 x 71 Feet
Parking
- Garage
- None
Utilities
- Water
- Drilled Well
- Sewer
- None
Location & Legal
- Cross Street
- Highway 518 W/ Stisted Road N
- Zoning
- CG
- Parcel Number
- 521680432
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Hospitality/Food Related
- Office / Apartment Area
- 65 %
Included
- Inclusions
- All chattels as viewed in 'As Is, Where Is,' condition- see Schedule 'D'-
- Exclusions
- Storage Shed/Bunkie At Side Yard
Property Insights
AI-generated from listing photos. Not professional advice.
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 McMurrich/Monteith · last 12 months
- Median sold price
- $286,527
- Homes sold
- 26
- Median days on market
- 60
- Sale-to-list price
- 91.9%
Based on 26 recorded sales of commercial properties in McMurrich/Monteith over the last 12 months.
Listed by
Sotheby's International Realty Canada
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 6,500 sq ft
- Price per sq ft
- $76.77
- Annual property tax
- $3,489
- Tax per sq ft
- $0.54
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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