COMMERCIAL INVESTMENT: Minutes to Parry Sound. Tucked along the shoreline of McGown Lake this waterfront property offers space, privacy and built-in income potential all just minutes from Parry Sound. Set on 3.39 acres with expansive 630 ft of frontage on a quiet, limited - lake access. The property features a multi-unit building with Main Bungalow plus 6 units and a separate 1-bedroom cottage/home near the water's edge. The current layout supports potential mix of uses from long and short term rentals to multi-family living or a private compound for extended family and guests. Several units are already in place with practical layouts, including bachelor style and one bedroom configurations, while a large covered patio creates a central gathering space ideal for events or shared use. Zoned for flexibility and previously operated with hospitality use the property presents an opportunity to generate income immediately while exploring future potential. With limited properties on McGown Lake and easy year-round access this is a rare chance to secure a versatile waterfront.