1 Water Street, Little Current

$1,449,000

For sale: Other

Property type

Hospitality

MLS®

MLS® 2125060

The Anchor Inn stands as a remarkable 136-year-old landmark business in the heart of Little Current on Manitoulin Island. Strategically positioned across from the bustling town docks in the downtown core, this iconic establishment has become a cornerstone of both the local community and the island's tourism industry. This thriving business currently features a vibrant and spacious dining room/restaurant, a popular bar that draws both locals and visitors, professional catering services, and 17 well-maintained rental units. The Anchor Inn boasts impressive financial performance with strong cash flow, making it an exceptional investment opportunity. It currently is open 5 days a week providing the potential to expand sales. Under both current and previous ownership, the property has received consistent upgrades and maintenance, preserving its historic charm while ensuring modern functionality. As a mainstay of Manitoulin Island's hospitality scene for over a century, The Anchor Inn represents a rare chance to acquire an established business with a rich heritage and proven success. Could this historic waterfront property be the golden business opportunity you've been searching for?