This is the kind of commercial property that gives you options! Offering approximately 9,600 sq. ft., this impressive building is currently operating as an established banquet hall and is already equipped with everything needed to continue the operation or take the property in an entirely new direction. The main floor features a 170+ seat ballroom, complete with tables and chairs, a dance floor and stage, barrier free restroom, commercial kitchen and bar. The second floor offers a large, wide-open space with its own separate entrance and washrooms, creating an excellent opportunity for additional rental income or another business venture. The rear portion is already set up as a fully functioning bakery, adding even more flexibility and potential revenue opportunities. Whether you continue operating the existing banquet hall, transform the space into a restaurant or event venue, lease out portions of the building, utilize the bakery, or create a combination of uses, the possibilities are substantial. The property also includes a vacant parking lot at the rear, providing valuable parking for customers and guests an important asset for any commercial operation. With approximately 9,600 sq. ft. of space, multiple potential income streams, separate access, existing commercial infrastructure and parking, this property offers far more than just a building it offers an opportunity to build a business and potentially maximize the income-producing potential of the entire property. Priced to sell and full of possibilities! Don't miss your opportunity to take a closer look at what this property could become. Call today to arrange your private viewing! (id:2493)
Data was last updated August 28, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$124,900
Min list price:
$500
Max list price:
$6,499,900
Avg days on market:
85
Min days on market:
1
Max days on market:
273
Avg price per sq.ft.:
$72.57
These statistics are generated based on the current listing's property type
and located in
Sault Ste. Marie. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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