500 Main St 6,000 SF Retail Building Powassan, ON P0H 1Z0 $1,149,000 CAD ($191.50 CAD/SF)

Hummingbird Pizza is a well-established and highly successful restaurant located in the heart of Powassan, Ontario. This offering includes both the business and the underlying real estate, presenting a compelling opportunity for owner-operators and investors alike. The main floor features approximately 3,000 sq ft of licensed restaurant space, equipped with a 13-foot commercial exhaust hood and an additional secondary hood dedicated to the pizza ovens. The restaurant is licensed for 98 seats and is currently generating excellent sales, supported by a strong local following and consistent demand. The entire building totals approximately 6,000 sq ft and is positioned on a prime corner lot along Powassan’s main street, offering outstanding visibility. The second floor includes two spacious 2-bedroom, 1-bathroom residential apartments—one fully renovated and the other ready for completion—providing significant upside and supplemental rental income. The property also features private on-site parking and a full patio area ready for future activation. A full basement with separate walk-down access is currently vacant and offers additional potential for storage, expansion, or alternative uses. This is a strong opportunity in a growing community with multiple avenues for value enhancement. Please do not attend the property directly or speak with staff or ownership. The property occupies a key corner at one of Powassan’s main intersections, just minutes from Highway 11 and a short drive south of North Bay. Its strategic location makes it an ideal stop for commuters and highway travelers, delivering excellent accessibility, exposure, and traffic flow. The restaurant features a large dine-in area complemented by a QSR-style takeout section, designed for efficient pickup and delivery operations. The building is equipped with 200-amp electrical service and benefits from all-new leaseholds, systems, and equipment throughout, providing a true turnkey opportunity for the next operator. Recent capital improvements include a new roof and extensive interior and exterior renovations, with significant investment already completed. Additional highlights include on-site parking, potential to expand the liquor license, and the option to activate or enhance the patio space.