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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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6 Water Street Tehkummah
For SaleTehkummah

6 Water Street Tehkummah, Sale Of Business for Sale

MLS® X13474510

Tehkummah, ON

139 days on market
$2,650,000
Show on Map
Show on Map
N/ABeds
N/ABaths
6,300Sqft
N/AParking
Sale Of Business

Overview· 6 Water Street Tehkummah

MLS® #X13474510

Exceptional mixed-use investment opportunity with property in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186,866 passengers and 68,087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering.

Inclusions

Existing restaurant equipment, kitchen equipment, furniture, fixtures, chattels, signage, trade fixtures, liquor license (subject to regulatory approval), and all items owned by the Seller and used in the operation of the business, unless otherwise excluded

Exclusions

Personal belongings of the Seller and employees. Inventory to be purchased separately at cost on closing unless otherwise agreed.

Broker

CENTURY 21 GREEN REALTY INC.

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Walk Score®19Car-DependentCar-Dependent
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®30Somewhat BikeableSomewhat Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 6 Water Street Tehkummah

Source: MLS® listing data
6 Water Street Tehkummah

Sale Of Business

6 Water Street Tehkummah

Tehkummah

Type

Sale Of Business

Parking

Outside/Surface

Property Tax

~$10,000/yr

Heating

Electric Forced Air

Buying Essentials

Square Feet

6300 sqft

Parking

Outside/Surface

Finances

List Price

$2,650,000

Price per SQFT

$421/sqft

Property Tax

~$10,000/yr

Property Specs

Property Type

Sale Of Business

MLS Size

6300 sqft

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

Tehkummah

Listed On

Jun 22, 2026

Price & Listing History

Days on Market

Current: 139 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$10,659/mo
Property Tax$833/mo
Total Monthly$11,492

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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