5522 Highway 71, Sioux Narrows Nestor Falls
Mayer Hardware & Building Supplies in Sioux Narrows, Ontario is offered for sale as a share sale (primary option) with an asking price of $1,800,000, presenting a rare opportunity to acquire a longstanding, reputable, turn-key business with excellent growth potential. Serving Northwestern Ontario since the 1960s, this operation has become a trusted supplier for residents, cottagers, and contractors. The current owners have expanded and modernized the business since 2016, building a strong and loyal customer base. Ideally located with excellent visibility and easy year-round access, the store offers multiple revenue streams, including retail hardware, building materials, lumber, tools, home and patio goods, deliveries, and a thriving seasonal garden centre with no direct competition within an hour. Supported by its Castle Building Group affiliation, the store carries major industry brands and maintains a large, well-managed inventory capable of serving both DIY customers and full-scale contractors. The nearest big-box competitor is over 60 miles away, with only one smaller hardware store roughly 35 minutes away. The property includes attached residential accommodations, ideal for an owner-operator or staff housing. The share sale includes all corporate shares, business assets, equipment, fixtures, and supplier accounts. Inventory is not included in the asking price and will be added at cost at closing, along with standard adjustments: plus inventory, plus accounts receivable, less accounts payable, and less short-term debt. An alternative non-share (asset) purchase option is available for qualified buyers. Financial statements, chattel list, inventory details, equipment information, and supplier data are available to qualified buyers upon signing a Confidentiality Agreement. This strong, established business provides solid owner/manager income with room to grow. The owners are preparing for retirement. Serious inquiries only. Click Multimedia link for more info. (id:1945)
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Property details for 5522 Highway 71, Sioux Narrows Nestor Falls
- Type
- Commercial
- Lot Size
- 2.76
- Basement
- Crawl space
- Heating
- Baseboard heaters, Oil, Electric, Other
- Cooling
- Fully air conditioned
- Exterior
- Aluminum siding
- Annual Taxes
- $4,453
Nearby Listings Stat
Estimated price and comparable properties near 5522 Highway 71
Active Listings
2
Min Price
$575,000
Max Price
$1,800,000
Avg Price
$1,187,500
Days on Market
94
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Sioux Narrows-Nestor Falls, Ontario
Population
567
Median Age
57.7
Median Income
$34,528
Dwelling Value
$250,010
Housing Tenure
Owners 93%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 0.5/km²
Avg Shelter Cost: $855/mo
Owners with Mortgage: 37.3%
Owners Spending 30%+: 10%
Tenants Spending 30%+: 0%
English only: 96.5%
English and French: 3.5%
Median Household Income: $70,400
Median Employment Income: $24,128
Price History
Listed
September 16, 2026
by RE/MAX FIRST CHOICE REALTY LTD.
Current Price
$1,800,000
Type
Commercial
For Sale
