72 James Street
Parry Sound, ON
- 4 bath
- 26,242 sqft
- Commercial Retail
- 61 days on market
Located in the heart of downtown Parry Sound, this exceptional hospitality opportunity includes both the landmark Craic Clover restaurant and the Knights Inn motel on a highly visible corner property on James Street. Available with training for a seamless transition or for rebranding into a different concept, this is a rare chance to acquire a prominent mixed-use hospitality property in one of Ontario's premier cottage country destinations. The Craic Clover features a spacious restaurant, full patio, and an expansive upstairs event and party area, with a total liquor licence for 544 guests inside and 50 on the patio. The adjoining Knights Inn offers 18 motel rooms, with approximately half of the accommodations already renovated, providing multiple revenue streams from food service, events, and lodging. The restaurant is equipped with an 11-ft commercial hood, walk-in fridge, and quality leaseholds and equipment throughout.Comprising approximately 26,424 sq. ft. between the restaurant and motel, this outstanding corner property offers excellent signage, parking for over 20 vehicles plus municipal street parking directly in front, and exceptional visibility in downtown Parry Sound. Please do not go direct or speak to staff or ownership.
Listing Details
- Taxes (2025)
- $52,979
- Originally Listed
- $2,949,000
- Listed
- July 20, 2026
Price History
Listing history
Sign in to view
Property
- Lot Size
- 132.32 x 121.1 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Mary St / James St
- Zoning
- C1
- Parcel Number
- 493203000
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Hospitality/Food Related
Community
Postal area P2A
- Population
- 14,695
- Private dwellings
- 10,034
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $73,500
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 Parry Sound · last 12 months
- Median sold price
- $468,000
- Homes sold
- 104
- Median days on market
- 38
- Sale-to-list price
- 94.3%
Based on 104 recorded sales of commercial properties in Parry Sound over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 26,242 sq ft
- Price per sq ft
- $100.95
- Annual property tax
- $52,979
- Tax per sq ft
- $2.02
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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