Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$2,099,000
( $74.34Per Sq Foot )
$11,268 est/mo Sourced by Back At You169 Front Street,West Nipissing (Sturgeon Falls), ON P2B2H9
West Nipissing (Sturgeon Falls), ON P2B2H9
Description
An iconic investment property is available in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with several income streams including 16 apartments, 3 commercial units, 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. Included in the sale is a single family home, zoned C2, which sits adjacent to this property on a 66x132 foot lot. **EXTRAS** * 16 Apartments * 3 tenanted commercial units * 1 restaurant * 1 bar * 1 banquet hall * 1 drive thru * 1 single family home * 1 storage unit * LLBO = 441 * ample parking * pylon signage * and so much more * (id:13843)
Details
| MLS# | X11824256 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 143 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | JASON KLEYN |
Features
| SQ Feet | 28,237 |
|---|---|
| Zoning | C2 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | West Nipissing (Sturgeon Falls) |
| Postal Code | P2B2H9 |
| Listing VS Median (in P2B2H9) | |
Price: $2,099,000 low | high Med: $155,750 SqFt: 28,237 low | high Med: 11,575 $ / SqFt: $74 low | high Med: $13 On site: 143 low | high Med: 143.000000 | |
Listing Updated: February 11, 2025 at 9:55:38 PM PST
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