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19500 Opeongo Line

19500 Opeongo Line

Madawaska Valley, ON

4 bath • 3,622 sqft • Commercial Retail • 499 days on market

$599,000Price reduced 20%

Prime Commercial Opportunity in Downtown Barrys Bay - Restaurant with Residential Unit! Step into a thriving business opportunity in the heart of Barrys Bay. This updated, turnkey restaurant and residential unit is situated in a prime downtown location, attracting both locals and tourists year-round. PropertyHighlights: Fully Equipped Kitchen, Ready for immediate operation with high-quality appliances and ample prep space. Spacious Dining Area Designed for comfort and versatility, accommodating a variety of seating arrangements to suit your business needs. Charming interior offers a warm and welcoming atmosphere perfect for creating memorable dining experiences. Mixed-Use Flexibility with an attached residential unit, this property offers a unique opportunity for owner-occupancy, staff housing, or additional rental income.Located in the bustling hub of Barrys Bay, this property is surrounded by shops, services, and seasonal attractions, making it an ideal spot for a restaurant venture. Whether you're an aspiring restaurateur or a seasoned professional, this opportunity offers the perfect foundation for a successful business. Don't miss your chance to own a key piece of Barrys Bays vibrant downtown! 24 hour notice for all showings.

Listing Details

Taxes (2024)
$5,200
Originally Listed
$749,000
Listed
April 16, 2025

Price History

Property

Lot Size
123 x 189 Feet

Location & Legal

Cross Street
Opeongo Line & Stafford St
Zoning
Highway Commercial
Parcel Number
575710235
Possession
Flexible

Commercial

Business Type
Hospitality/Food Related
Occupancy
Owner+Tenant

Included

Inclusions
See attachements
Exclusions
Personal Belonging
Rental Items
Propane Tanks, Water Heater

Community

Postal area K0J

Population
34,322
Private dwellings
19,885
Median age
52.4
Average household size
2.3
Median household income
$76,000

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 Madawaska Valley · last 12 months

Median sold price
$370,000
Homes sold
84
Median days on market
61
Sale-to-list price
92.6%

Based on 84 recorded sales of commercial properties in Madawaska Valley over the last 12 months.

Listed by

EXP REALTY

Location

Commercial figures

Building area
3,622 sq ft
Price per sq ft
$165.38
Annual property tax
$5,200
Tax per sq ft
$1.44

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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