852 Main Street
Powassan, ON
- 3 bath
- 0.48 sqft
- Commercial Retail
- 182 days on market
The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers.
Listing Details
- Taxes (2025)
- $3,824
- Listed
- March 4, 2026
Price History
Property
- Lot Size
- 100 x 200 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- Chiswick Line
- Zoning
- M1
- Parcel Number
- 522090337
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Hospitality/Food Related
Included
- Inclusions
- See Chattel List
- Exclusions
- 40' C-Container
- Rental Items
- Hot Water Tank, Dishwasher
Community
Postal area P0H
- Population
- 31,909
- Private dwellings
- 17,044
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $80,000
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 Powassan · last 12 months
- Median sold price
- $460,000
- Homes sold
- 49
- Median days on market
- 30
- Sale-to-list price
- 96.8%
Based on 49 recorded sales of commercial properties in Powassan over the last 12 months.
Listed by
RE/MAX CROWN REALTY (1989) INC
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $3,824
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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