4244 Highway 520
Magnetawan, ON
- 11,657 sqft
- Sale Of Business
- 40 days on market
Rare opportunity to own a convenience store business and one of a kind Restaurant with real property in Magnetawan, ON. The Convenience Store currently holds a license permitting liquor sales, providing an additional revenue opportunity and further diversifying the business. Situated on a corner lot with ample parking, just 45 minutes from Parry Sound and Huntsville. The Property's location on HWY 520 surrounding local community as well as cottage and tourist market. Plenty of room to grow business, with potential to add Beer/wine in Convenience Store, Vape store and more. First floor has 4 bed 1 bath and 3 bed 2 bath units. Second floor has 7 bedroom 1 bathroom which can be used for Airbnb/Vrbo. A true turn-key operation, perfect for a hands-on family ownership model or Investor.
Listing Details
- Taxes (2025)
- $8,905
- Listed
- August 11, 2026
Price History
Property
- Lot Size
- 132 x 208 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- N Sparks St/Burrows St
- Zoning
- Village Commercial
- Parcel Number
- 520810663
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
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 Magnetawan · last 12 months
- Median sold price
- $429,000
- Homes sold
- 43
- Median days on market
- 52
- Sale-to-list price
- 92.7%
Based on 43 recorded sales of commercial properties in Magnetawan over the last 12 months.
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 11,657 sq ft
- Price per sq ft
- $153.98
- Annual property tax
- $8,905
- Tax per sq ft
- $0.76
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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