169 Front Street Image 1

$2,099,000

Dec 3, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X11824256

169 Front Street, West Nipissing, ON P2B 2H9

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Average Price
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 169 Front Street

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 *

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Building size

28237

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$8016.76/ month
$1,679,200 Principal and Interest
$2,015,040 Property Taxes

Location

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Walk Score for 169 Front Street

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