852 Main Street, Powassan, ON

$775,000
MLS#:X12845292
0 beds
3 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Powassan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Premium 100 x 200 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

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.

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Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Listed Date3/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size100 × 200 Feet
CountyParry Sound
Annual Tax$3,824.42
Legal DescriptionPT LT 10 RCP 318 PT B 42R4857; POWASSAN

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Location

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852 Main Street, Powassan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 852 Main Street, Powassan, ON P0H 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$620,000
Monthly Mortgage$3,602
Property Tax (Est.)$319
Utilities & Maint.$350
Total Monthly Cost$4,271

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Powassan.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Powassan, Powassan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$449,381

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mapleridge
Public171 Edward Street, Powassan, Ontario, P0H 1Z0
4.3

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.