72 James Street
Parry Sound Parry Sound P2A 1T5

$2,949,000 /For Sale
Commercial

Main Photo: 72 James Street: Parry Sound Commercial for sale : MLS®# X13583510
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13583510
Bus Major:
Hospitality/Food Related
Located in the heart of downtown Parry Sound, this exceptional hospitality opportunity includes both the landmark Craic Clover restaurant and the Knights Inn motel on a highly visible corner property on James Street. Available with training for a seamless transition or for rebranding into a different concept, this is a rare chance to acquire a prominent mixed-use hospitality property in one of Ontario's premier cottage country destinations. The Craic Clover features a spacious restaurant, full patio, and an expansive upstairs event and party area, with a total liquor licence for 544 guests inside and 50 on the patio. The adjoining Knights Inn offers 18 motel rooms, with approximately half of the accommodations already renovated, providing multiple revenue streams from food service, events, and lodging. The restaurant is equipped with an 11-ft commercial hood, walk-in fridge, and quality leaseholds and equipment throughout.Comprising approximately 26,424 sq. ft. between the restaurant and motel, this outstanding corner property offers excellent signage, parking for over 20 vehicles plus municipal street parking directly in front, and exceptional visibility in downtown Parry Sound. Please do not go direct or speak to staff or ownership.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
26242 sq. ft. Square Feet
Total Area:
26,242 sq. ft.
Retail Area:
26242 sq. ft. Sq Ft
Lot Depth:
121'1"
Lot Frontage:
132'4"
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
Plaza
Parking Spaces:
20
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$52,979.35 / 2025
Assessment:
$- / -
Parry Sound
Parry Sound
Parry Sound
Yes
None
No
Amperage:
200
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Hospitality/Food Related
Category:
Multi-Use
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11am-11pm
Employees:
15
Chattels:
Yes
LLBO:
Yes
Outside Storage:
Yes
Seats:
594
Date Listed:
Jul 20, 2026
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated July 28, 2026 at 05:15 PM (UTC)
ANNE LOK
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