$2,099,000
( $74.34Per Sq Foot )
 $11,268 est/mo Sourced by Back At You

169 Front Street , West Nipissing, ON P2B 2H9

West Nipissing, ON P2B 2H9

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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.

Details

MLS#X11824256
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site44
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | Not Provided

Features

SQ Feet28,237
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 31 minutes ago
StateON
CountyNipissing
CityWest Nipissing
Zip CodeP2B 2H9
Listing VS Median (in P2B 2H9)
Price:
$2,099,000
low | high
Med:
$299,000
100% of Average
SqFt:
28,237
low | high
Med:
11,565
100% of Average
$ / SqFt:
$74
low | high
Med:
$26
100% of Average
On Site:
44
low | high
Med:
44.000000
100% of Average
Sourced by Back At You
Listing Updated: December 25, 2024 at 2:48:28 AM PST