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Home ON Manitoulin District Northeastern Manitoulin and the Islands
1 Water Street
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1 Water Street $1,449,000
$1,449,000
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1 Water Street
Little Current, Ontario P0P1K0

MLS® Number: 2125060

Listing Description

The Anchor Inn stands as a remarkable 136-year-old landmark business in the heart of Little Current on Manitoulin Island. Strategically positioned across from the bustling town docks in the downtown core, this iconic establishment has become a cornerstone of both the local community and the island's tourism industry. This thriving business currently features a vibrant and spacious dining room/restaurant, a popular bar that draws both locals and visitors, professional catering services, and 17 well-maintained rental units. The Anchor Inn boasts impressive financial performance with strong cash flow, making it an exceptional investment opportunity. It currently is open 5 days a week providing the potential to expand sales. Under both current and previous ownership, the property has received consistent upgrades and maintenance, preserving its historic charm while ensuring modern functionality. As a mainstay of Manitoulin Island's hospitality scene for over a century, The Anchor Inn represents a rare chance to acquire an established business with a rich heritage and proven success. Could this historic waterfront property be the golden business opportunity you've been searching for? (31160394)

Property Summary

Property Type
Hospitality
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Rear
Time on REALTOR.ca
50 days

Building

Interior Features
Flooring
Hardwood, Laminate, Carpeted
Building Features
Foundation Type
Poured Concrete
Fire Protection
Alarm system, Controlled entry, Fire alarm system
Storage
Storage in Basement
Rental Equipment
Propane Tank, Water Heater
Heating & Cooling
Heating Type
Boiler
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Tar & gravel
Exterior Finish
Brick, Metal, Stucco
Business
Business Type
Accommodation (Hotel/motel)
Parking
Parking Type
Rear

Land

Other Property Information
Zoning Description
C1
Data provided by: Sudbury Real Estate Board
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ROB NORRIS