$3,380,000
FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 132.32 x 263.56 ft
2025 Taxes: $52,979.35

72 James St
Parry Sound, ON P2A 1T5

Exceptional Hospitality Investment in Downtown Parry Sound | Rare opportunity to acquire a well-established 22-room hotel and thriving sports bar (LLBO)/restaurant located on a prominent corner in the heart of downtown Parry Sound. Set on a 26,000+ sq ft property with approximately 20 parking spaces plus additional parking at the front and rear, this landmark property offers scale, visibility, and strong year-round tourism exposure. The restaurant and sports bar occupy roughly half of the building and feature over 300 seats on the main floor, 244 seats on the second floor, and a 50-seat outdoor patio. The professionally equipped kitchen includes a 12-ft exhaust hood, extensive commercial equipment, two walk-in coolers, and four washrooms, allowing for efficient high-volume operations. Owned and successfully operated by the current owner for approximately 10 years, the business benefits from a stable management team and consistent performance. Recently renovated interiors enhance the guest experience, with new branding/signage, upgraded audio/video systems, restaurant furnishings and HVAC system. Additional space on the second floor and lower level provides opportunities for expansion, events, or additional revenue streams. Positioned at one of Parry Sound's most visible downtown intersections, 72 James Street offers an outstanding opportunity to acquire a recognized hospitality destination in a growing Northern Ontario market. *Some images may be digitally enhanced, virtually staged, or artist renderings and are provided for illustrative purposes only. Actual property condition and features may differ.*
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Listed By Engel & Volkers Parry Sound
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12973712
Last Updated Apr 21, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
PIN 521110014
Legal Description LT 9 E/S GIBSON ST & N/S SEGUIN ST PL 2; LT 9 W/S JAMES ST & N/S SEGUIN ST PL 2; PT LT 10 W/S JAMES ST & N/S SEGUIN ST PL 2; PT LT 10 E/S GIBSON ST & N/S SEGUIN ST PL 2 PT 1 42R10506; PARRY SOUND
Taxes (2025) $52,979.35
Directions/Cross Streets Mary St & James St
Neighbourhood Parry Sound
Area Parry Sound
Price History

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Detailed Information
Lot 132.32 x 263.56 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type None
Heat Type Gas Hot Water

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