1428 Lakeshore Road Manitoulin Island, Ontario P0P 1J0
$1,195,000
Looking for an investment property on Manitoulin Island, look no further! This commercial and residential building in Kagawong is home to the very popular Main Street cafe! This quaint little restaurant has taken the COVID lockdown in stride and opened up a very popular drive-through window in order to continue to serve their clientele! The original part of the building where the cafe is located was built in 1903 and was originally the Old School House. In 1963, the addition to the school was added, which now boasts 3 large apartments (2-2 Bedroom, 1-3 Bedrooms). The apartments have all been renovated as well as many upgrades to the building including electrical, some plumbing, and boiler system. Great income potential! (id:29438)
Property Details
MLS® Number | 2094206 |
Property Type | Multi-family |
Neigbourhood | Kagawong |
Equipment Type | None |
Rental Equipment Type | None |
Road Type | Paved Road |
Storage Type | Storage, Storage Shed |
Building
Basement Type | None |
Cooling Type | None |
Exterior Finish | Brick, Stone, Vinyl Siding |
Fire Protection | Smoke Detectors |
Fireplace Present | No |
Flooring Type | Hardwood, Laminate, Carpeted |
Foundation Type | Concrete Slab |
Heating Type | Boiler, Baseboard Heaters |
Roof Material | Metal |
Roof Style | Unknown |
Utility Water | Municipal Water |
Parking
Gravel | |
Parking Space(s) |
Land
Access Type | Year-round Access |
Acreage | Yes |
Sewer | Septic System |
Size Total Text | 1 - 3 Acres |
Zoning Description | Commercial/hamlet |
https://www.realtor.ca/real-estate/23026617/1428-lakeshore-road-kagawong-manitoulin-island