$299,000
( $25.85Per Sq Foot )
 $1,605 est/mo Sourced by Back At You

169 Front Street , West Nipissing (Sturgeon Falls), ON P2B2H9

West Nipissing (Sturgeon Falls), ON P2B2H9

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Description

Here's your opportunity to own an existing and iconic restaurant in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with 1 bar, 1 restaurant, 1 banquet hall, and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Strong consistent sales ready for new ownership. **EXTRAS** * Restaurant = 900 sf * Country Style = 1118 sf * Dining Room = 3638 sf * Bar = 2126 sf * BOH = 3802 sf * LLBO = 441 * Gross Lease = $12,500 + HST * Pylon Signage * Drive Thru Available * 65 Parking Spots * (id:13843)

Details

MLS#X11824278
Listing TypeFor Sale
StatusActive
Days On Site138
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | JASON KLEYN

Features

SQ Feet11,565
ZoningC2
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Listings Checked: 4 minutes ago
ProvinceON
CityWest Nipissing (Sturgeon Falls)
Postal CodeP2B2H9
Listing VS Median (In P2B2H9)
Price:
$299,000
low | high
Med:
$155,750
97.909698996656% of Average
SqFt:
11,565
low | high
Med:
11,575
49.917855598789% of Average
$ / SqFt:
$26
low | high
Med:
$13
97.913127494503% of Average
On site:
138
low | high
Med:
138.000000
100% of Average
Sourced by Back At You
Listing Updated: February 14, 2025 at 9:22:52 AM PST