Exceptional Waterfront Investment Opportunity on Lake Nipissing. Discover the perfect blend of commercial potential and residential tranquility with this rare waterfront offering on the pristine shores of Lake Nipissing in beautiful Callander Bay. This versatile property includes a well-known commercial space, a charming single-family home, and a profitable two-unit rental a dream setup for entrepreneurs, investors, or those seeking a live-work lifestyle. The main level features the beloved local establishment, Lu Lus Callander Bar and Grill, a thriving restaurant/sports bar with a loyal customer base. Above the restaurant, the expansive second and third floors offer untapped potential ready to be transformed into rental apartments, or additional commercial space to suit your vision. The single-family home offers functional living with 3 bedrooms, 1 bathroom, and an attached garage. Situated right on the bay, it boasts serene lake views and direct access to the water perfect for year-round enjoyment. Adding further value, the property includes a two-unit rental building, each with 2 bedrooms and 1 bathroom, ideal for generating steady passive income. Ample parking and direct lake access make this an attractive destination for both sledders in the winter and boaters in the summer. Whether you're expanding your business portfolio or looking for a lifestyle investment, this unique property offers endless possibilities in a sought-after waterfront location. Don't miss your chance to own a truly one-of-a-kind lakefront gem. (id:39198)
76 days
On Market
Business
Property Type
$7,013 / Year
Est. Annual Taxes
Other
Style
-
Garage
-
Basement
Location & Areas
Home Details
Lot Depth:
-
Lot Size:
1 acres
Style:
Other
Exterior Construction:
-
Roof Material:
-
Patio/Deck:
-
Driveway:
-
Swimming Pool:
-
Schools nearby
Listing Brokerage
MLS® Listing
X12207168
Brokerage
Similar homes for sale
These homes have similar price range, details and proximity to 5 Main