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72 James Street, Parry Sound, ON P2A 1T5

Parry Sound, ON, P2A 1T5 · Parry Sound

Sq Ft
Sale Of Business Type
X12973712 MLS#

About this property

Exceptional Hospitality Investment in Downtown Parry Sound | Rare opportunity to acquire a well-established 22-room hotel and thriving sports bar (LLBO)/restaurant located on a prominent corner in the heart of downtown Parry Sound. Set on a 26,000+ sq ft property with approximately 20 parking spaces plus additional parking at the front and rear, this landmark property offers scale, visibility, and strong year-round tourism exposure. The restaurant and sports bar occupy roughly half of the building and feature over 300 seats on the main floor, 244 seats on the second floor, and a 50-seat outdoor patio. The professionally equipped kitchen includes a 12-ft exhaust hood, extensive commercial equipment, two walk-in coolers, and four washrooms, allowing for efficient high-volume operations. Owned and successfully operated by the current owner for approximately 10 years, the business benefits from a stable management team and consistent performance. Recently renovated interiors enhance the guest experience, with new branding/signage, upgraded audio/video systems, restaurant furnishings and HVAC system. Additional space on the second floor and lower level provides opportunities for expansion, events, or additional revenue streams. Positioned at one of Parry Sound's most visible downtown intersections, 72 James Street offers an outstanding opportunity to acquire a recognized hospitality destination in a growing Northern Ontario market. *Some images may be digitally enhanced, virtually staged, or artist renderings and are provided for illustrative purposes only. Actual property condition and features may differ.*

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Hot Water

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Lot Size 1 Feet
Garage None
Heat Type Gas Hot Water
Cooling Yes
Annual Tax $52,979
Tax Year 2025

Heating & Cooling

Heat Type
Gas Hot Water
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Area
0.60
Lot Size Units
Feet
Lot Depth
263.56
Lot Width
132.32

Financial & Tax

Tax Annual Amount
$52,979
Tax Year
2025
Possession Type
Flexible

Additional Details

Occupant Type
Owner
County Or Parish
Parry Sound
Cross Street
Mary St & James St
Directions
Hwy 400 North to Bowes Street. Bowes to James, turn right.
Showing Requirements
List Salesperson

Location

72 James Street, Parry Sound, ON P2A 1T5, Parry Sound, ON, P2A 1T5

Listing courtesy of Engel & Volkers Parry Sound
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