1 Water Street - Photo 1 of 33, Little Current, Ontario
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$1,449,000

1 Water Street — Little Current, Ontario

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About This Property

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? (id:63357)

Property Details

Property Type
Detached
Status
Active

Location & Neighborhood

What's nearby 1 Water Street

Lifestyle Summary

At 1 Water Street in Little Current, your daily rhythm is harmonized by the ease of walkability. Imagine stepping out your front door and immediately indulging in the rich aroma of freshly brewed coffee from Loco Beanz Coffee House, just a few steps away. With breakfast in hand, you can stroll to the serene Cenotaph Park, which is a mere minute away. Here, the gentle rustling of leaves and the soft sounds of nature create an ideal backdrop for a relaxing morning. As the day unfolds, the nearby dining options cater to every culinary whim. You can treat yourself to a delightful sushi lunch at Bear Sushi, located just a quick one-minute walk from your home. If you’re in the mood for something more casual, Dockside Social is right around the corner, ready to serve up a delectable meal within the same short walk. With such proximity to these eateries, your lunch breaks can easily transform into leisurely mini-adventures, where you savor not only your food but also the unique atmosphere of Little Current. Evenings can be spent exploring the nearby parks that enhance your connection to nature. Just a five-minute walk leads you to Turner Park, a perfect place for a post-dinner stroll or a family outing. If you venture a bit further, Nolan Sisson Community Park awaits just nine minutes away, offering expansive green spaces where you can unwind or enjoy community events. With parks so close, your weekends can be filled with picnics, leisurely walks, and spontaneous gatherings with friends. For your everyday necessities, Your Independent Grocer is a convenient five-minute walk, making grocery runs efficient and stress-free. Whether you’re grabbing ingredients for a home-cooked meal or picking up a quick snack, this easily accessible shop simplifies your routine. With Guardian nearby for your health needs, you have everything at your fingertips to maintain a balanced and fulfilling lifestyle right here at 1 Water Street.

Nearby Schools

Parks & Recreation

Local Amenities

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Last updated: Oct 27, 2025

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$1,449,000