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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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72 James Street Parry Sound
For SalePrice DropParry Sound

72 James Street Parry Sound, Sale Of Business for Sale

MLS® X12973712

Parry Sound, ON

213 days on market
$2,950,000
Previously $3,380,000
Show on Map
Show on Map
N/ABeds
N/ABaths
N/ASqft
N/AParking
Sale Of Business

Overview· 72 James Street Parry Sound

MLS® #X12973712

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.*

Broker

Engel & Volkers Parry Sound

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Walk Score®81Very WalkableVery Walkable
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®50BikeableBikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 72 James Street Parry Sound

Source: MLS® listing data
72 James Street Parry Sound

Sale Of Business

72 James Street Parry Sound

Parry Sound

Type

Sale Of Business

Parking

None

Property Tax

~$52,979/yr

Heating

Gas Hot Water

Buying Essentials

Parking

None

Finances

List Price

$2,950,000

Property Tax

~$52,979/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Gas Hot Water

Policies & Utilities

Neighbourhood

Parry Sound

Listed On

Apr 8, 2026

Price & Listing History

Days on Market

Current: 213 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$11,865/mo
Property Tax$4,415/mo
Total Monthly$16,280

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0