6 Water Street
Tehkummah, ON
- 6,300 sqft
- Sale Of Business
- 79 days on market
Exceptional mixed-use investment opportunity with property in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186,866 passengers and 68,087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $10,000
- Listed
- June 22, 2026
Price History
Property
- Lot Size
- 168.71 x 172.99 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Water Street & Highway 6 Ferry Terminal
- Zoning
- Commercial Mixed Use
- Parcel Number
- 471300847
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Restaurant
- Office / Apartment Area
- 1283 Sq Ft
Included
- Inclusions
- Existing restaurant equipment, kitchen equipment, furniture, fixtures, chattels, signage, trade fixtures, liquor license (subject to regulatory approval), and all items owned by the Seller and used in the operation of the business, unless otherwise excluded
- Exclusions
- Personal belongings of the Seller and employees. Inventory to be purchased separately at cost on closing unless otherwise agreed.
- Rental Items
- None Known, will be determined
Community
Postal area P0P
- Population
- 20,285
- Private dwellings
- 12,782
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $64,000
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 Tehkummah · 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 commercial properties in Tehkummah over the last 12 months.
Listed by
CENTURY 21 GREEN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 6,300 sq ft
- Price per sq ft
- $420.63
- Annual property tax
- $10,000
- Tax per sq ft
- $1.59
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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