Landmark in Sturgeon Falls located on the TransCanada Highway! This family-run business has been in operation for over 25 years and originally began in 1955. This building has many well-established businesses including The Tavern, Gervais Restaurant specializing in Chinese food, Canadian cuisine, and a Country Style Franchise. The restaurant has been very well maintained and features an up-to-date full-service kitchen, dining room, fast food section, take-out, and coffee shop. The guaranteed income is generated by the 16 residential units as well as the 2 main level commercial tenants which provides steady and reliable revenue. This property covers over half a City Block and has tons of parking on-site which provides the opportunity for future growth and expansion and has entrances on 2 side streets, namely Carrie Street and Michaud Street as well as Front Street (Hwy 17). Along with the Listing Price is 231 Carrie Street - a single-family home, zoned C2, sitting on a 66x132 municipal lot. This is an outstanding opportunity for a developer, owner-operator, franchise developer... The options are endless! This commercial endeavour is being offered for sale at $2,825,000. (id:4069)
| Address |
169 FRONT Street |
| List Price |
$2,825,000 |
| Property Type |
Office |
| Area |
Ontario |
| Sub-Area |
Sturgeon Falls |
| Lot Size |
1.2 Sq. Ft. |
| Year Built |
1968 |
| MLS® Number |
40286448 |
| Listing Brokerage |
Page & Associates Realty, Brokerage
|
| Postal Code |
P2B2H9 |
| Zoning |
C2 |
