$749,900
FOR SALE

Business for Sale

Restaurant

24 Woodward
(10 MURRAY STREET PARKING LOT)
Blind River, ON P0R 1B0

Blind River is a vibrant northern Ontario community situated along the North Channel of Lake Huron, known for its scenic waterfront and welcoming small-town atmosphere. The town offers strong year-round amenities, including a hospital with a 24-hour emergency department, four elementary schools, and both English and French high schools. Outdoor enthusiasts enjoy the Boom Camp Trails, a popular network for walking, hiking, biking, and cross-country skiing. The community also hosts numerous local events and festivals throughout the year, and is home to a well-regarded 18-hole championship golf course, making Blind River an appealing destination for residents, visitors, and investors alike. This commercial property offers exceptional multi-use potential in a prime main street location. Mustangs Bar & Grill is a well-established, fully operational business featuring a connected pub and restaurant on the main floor. The fire-code occupancy is 280 and all current fire codes have been upgraded. The bar is equipped with two pool tables, seven slot machines, and ample seating, while the restaurant provides a dedicated dining area suitable for high-volume service. The space offers a beer cooler, storage areas, and industrial kitchen appliances, supporting efficient day-to-day operations. The second floor provides a substantial development opportunity, with space to build 10 short-term rental suites, ideal for visitors, contractors, and travelers passing through the region. The full basement includes a two-bedroom residential unit, office and storage. Additional features include 10 on-site parking spaces and a strong, well-established clientele for both the restaurant and bar. This is a standout opportunity for investors or owner-operators seeking a versatile commercial asset with multiple revenue streams in a central, high-visibility location (id:47421)
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Listed By Royal LePage® Mid North Realty Blind River
Data Provided By Sault Ste. Marie Real Estate Board
MLS® Listing Number SM253360
Last Updated Dec 08, 2025
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Community Blind River
Price History

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Detailed Information
Communication Type High Speed Internet
Features Corner Site, Wheelchair access, Office space
Listing Contract Date 2025-11-27
Location Description HWY 17 EAST TO BLIND RIVER NORTH ON WOODWARD FOR ABOUT .5 KM
Municipal ID 314290094 AND 314290095
Property Type Business
Transaction Type For sale
Business
Business Type Restaurant, Retail and Wholesale
Business Subtype Restaurant, Food store
Building
Age over 26 years
Amenities Street Lighting
Basement Type Full
Construction Material Concrete block
Exterior Finish Concrete Block, Siding, Vinyl
Foundation Type Block
Heating Fuel Other, Natural gas
Heating Type Forced air
Utility Water Municipal water
Parking Spaces
Name Spaces
Other
Surfaced
Parking Space(s)8
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 0.2 acres
Access Type Road access
Landscape Features Sprinkler system
Sewer Municipal sewage system
Size of Irregular Land 0.2

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