852 Main Street, Powassan, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Powassan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 3 Bathrooms
- Premium 100 x 200 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers.
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Property Summary
This commercial retail located at 852 Main Street, Powassan is currently for sale and has been available on zoozaa for 182 days. This property is listed at $775,000 with an estimated mortgage of $2,580* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 852 Main Street, Powassan is in the Powassan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Powassan, Powassan.
- •3 well-appointed bathrooms
- •Desirable Commercial Retail architecture in Powassan, Powassan
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Frequently Asked Questions about 852 Main Street, Powassan, ON
Q.What is the asking price for 852 Main Street, Powassan, ON ?
The current listing price for 852 Main Street, Powassan, ON in Powassan, Powassan is $775,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 3 bathrooms.
Q.What property type and architectural style is 852 Main Street, Powassan, ON ?
852 Main Street, Powassan, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 852 Main Street, Powassan, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Powassan, Powassan
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 852 Main Street, Powassan, ON P0H 1Z0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Powassan, ON
For a property listed at $775,000 in Powassan, the legal minimum down payment is $52,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,975 for this transaction. As this listing is in Powassan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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