Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#4069 +post_id: "403157" +post_author: 1 +"ListingKey": "X12388969" +"ListingId": "X12388969" +"PropertyType": "Commercial Sale" +"PropertySubType": "Investment" +"StandardStatus": "Active" +"ModificationTimestamp": "2026-03-16T13:45:57Z" +"RFModificationTimestamp": "2026-03-16T14:01:01Z" +"ListPrice": 3999000.0 +"BathroomsTotalInteger": 7.0 +"BathroomsHalf": 0 +"BedroomsTotal": 3.0 +"LotSizeArea": 116.8 +"LivingArea": 0 +"BuildingAreaTotal": 116.8 +"City": "Tehkummah" +"PostalCode": "P0P 2C0" +"UnparsedAddress": "191-221 Pennie Avenue, Tehkummah, ON P0P 2C0" +"Coordinates": array:2 [ 0 => 0 1 => 0 ] +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "Sotheby's International Realty Canada" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Introducing The Estate on Michaels Bay, a rare 116-acre waterfront property on Manitoulin Island offering unmatched commercial potential. With 928 feet of shoreline on Lake Huron, this estate features a 9,000 sq ft log lodge, 3,000 sq ft guest house, 3,600 sq ft heated workshop, private lake, and a 2,500 ft air strip allowing direct access from Toronto in just 85 minutes by private plane. There is also a commercial airport with a 3,500 ft runway capable of handling executive jets just 40 minutes away from the property. The MS Chi-Cheemaun ferry from Tobermory to Manitoulin Island is 20 minutes away. Previously operated as a restaurant, the property is primed for revival as a destination dining venue or luxury hospitality experience. Its layout and amenities make it ideal for a corporate retreat, wellness resort, or boutique lodge. Development for a golf course was initiated, with fairways already cleared offering a head start for investors looking to complete and brand a signature course. The main residence boasts vaulted ceilings, radiant in-floor heating, a dramatic 4-sided stone fireplace, luxury kitchen, spa-like primary suite, and expansive entertainment spaces. The guest house includes 4 bedrooms and 2.5 baths, while the workshop offers oversized garage doors, EV charging, and an unfinished apartment. Backing onto 500+ acres of protected conservation land with hiking trails, this gated estate blends privacy, adventure, and upscale infrastructure. Whether reimagined as a resort, executive retreat, or legacy investment, this property delivers a once-in-a-lifetime opportunity to shape a premier destination in Northern Ontario. Manitoulin Island is the Largest Fresh Water Island in the World with stunning natural beauty, including beautiful waterfalls, sandy beaches, and numerous lakes and trails. It's a popular destination for camping, hiking, and stargazing, offering a tranquil escape into nature. The island is easily accessible by vehicle, airplane and boat." +"BasementYN": true +"BuildingAreaUnits": "Acres" +"BusinessType": array:1 [ 0 => "Other" ] +"CommunityFeatures": "Greenbelt/Conservation" +"Cooling": "No" +"Country": "CA" +"CountyOrParish": "Manitoulin" +"CreationDate": "2026-03-11T15:42:48.687740+00:00" +"CrossStreet": "Hwys 6/542" +"Directions": "From South Baymouth take Hwy 6 north to Side Rd 10 to 6 Concession Rd to right turn onto Side Road 15 to left onto Government Rd to Michaels Bay Rd and continue onto Pennie Ave. to 191." +"Exclusions": "Personal Possessions, Tools, Equipment, Furnishings, Artwork" +"ExpirationDate": "2027-05-01" +"Inclusions": "All Appliances" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "One Point Association of REALTORS" +"ListingContractDate": "2025-09-08" +"LotSizeSource": "MPAC" +"MainOfficeKey": "552800" +"MajorChangeTimestamp": "2026-03-16T13:45:57Z" +"MlsStatus": "Price Change" +"OccupantType": 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Active
532 Main Street, Powassan, ON P0H 1Z0
532 Main Street, Powassan, ON P0H 1Z0
Overview
Property ID: HZX12594900
- Investment, Commercial Sale
- 8993
Description
21 room, 3 storey multi-residential property plus rear house on ~15,000 SF lot. The property is currently vacant. Formerly served as a care facility with 48 bed capacity. The property features a commercial kitchen, communal dining room, entertainment areas, 6 washrooms, multiple offices and on-site laundry. The rear house is partially finished. Sold as-is, where is.
Address
Open on Google Maps- Address 532 Main Street
- City Powassan
- State/county ON
- Zip/Postal Code P0H 1Z0
- Country CA
Details
Updated on March 16, 2026 at 12:38 pm- Property ID: HZX12594900
- Price: $600,000
- Property Size: 8993 Sqft
- Garage Size: x x
- Property Type: Investment, Commercial Sale
- Property Status: Active
- MLS#: X12594900
Additional details
- Utilities: Yes
- Sewer: Sanitary
- Cooling: Yes
- County: Parry Sound
- Property Type: Commercial Sale
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