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3 Baths

$775,000

Commercial Retail

852 Main Street, Powassan, ON P0H 1Z0Powassan

Listing Overview

MLS ID:X12845292
Status:New
Type:Commercial / Commercial Retail
Taxes:$3,824.42 / yr (2025)
Days on Market:34
Listed:2026-03-04
Last Updated:Mar 11, 2026
Cross Street:Chiswick Line
Data Source:PROPTX

Interior

Bathrooms:3

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Lot Size:100ft × 200ft

Parking

Garage Type:None

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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