$950,000
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500 Main Street, Powassan, ON P0H1Z0

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- Beds
0 Baths
6,000 Sq Ft

An exceptional investment and business opportunity in the heart of the growing community of Powassan. This prominent 9, 000 sq. ft. (including basement) mixed-use commercial building is ideally situated on a high-visibility corner at one of the town's main intersections, just minutes from Highway 11 and a short drive south of North Bay, making it a prime destination for both local residents and passing highway traffic. The approximately 3, 000 sq. ft. main floor restaurant is fully equipped with a 13-foot commercial exhaust hood, a secondary hood dedicated to the pizza ovens, and seating licensed for 98 patrons. Currently operating just four days per week, the business offers tremendous opportunity for increased revenue through expanded hours, menu offerings, catering, or additional services. The second level features two self-contained 2-bedroom, 1-bathroom residential apartments, providing valuable supplemental rental income. One unit has been beautifully renovated, while the second offers the opportunity to complete renovations and further enhance the property's earning potential. The property also offers a full-height basement with two entrances, private on-site parking, a large storage and a patio area with the potential to expand the liquor licence and create an inviting outdoor dining experience. The building has benefited from significant recent capital improvements, including a new roof, extensive renovations, all-new leaseholds, updated systems, equipment throughout, and 200-amp electrical service, providing a truly turnkey opportunity for the next owner. Whether you're an owner-operator looking to build on an established and respected business or an investor seeking a quality mixed-use property with multiple income streams and future upside, this is a rare opportunity in one of Northeastern Ontario's growing communities. (id:58753)

Listing By: RYAN HUMBLE - Century 21 Blue Sky Region Realty Inc., Brokerage cncrea2 Realty.com
  • MLS® X13547898
  • Date Listed07/10/2026
  • Days on Realty 19 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 6,000 sq. ft
  • Price Per Sq. Ft $158.33

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Main St and King St. ** Directions: Hwy 11 to Clark St, right onto Main St. Corner of Main and King.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for P0H1Z0

Discover key demographics, population statistics, and environmental insights for the Powassan, ON area.

Walkability in ON / P0H1Z0

Source: Walk Score

52/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 14/100.

Points of Interest near 500 MAIN STREET, Powassan, ON P0H1Z0

Frequently Asked Questions for 500 MAIN STREET

Source: Realty.com

500 MAIN STREET, Powassan, ON P0H1Z0 in Powassan, ON P0H1Z0 is a other listed at $950,000. Highlights include 6,000 sq. ft., $158 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 500 MAIN STREET.

The full address for this home is 500 MAIN STREET, Powassan, ON P0H1Z0.

500 MAIN STREET has been listed on Realty.com since Fri July 10, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 14/100.

Listing provided courtesy of: Century 21 Blue Sky Region Realty Inc., Brokerage
Listing agent: RYAN HUMBLE

This content last refreshed on 2026-07-29 01:56:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.