169 Front Street Image 1

$299,000

Dec 3, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X11824278

169 Front Street, West Nipissing, ON P2B 2H9

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 169 Front Street

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 *

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Building size

11565

Status

In-Active

Property sub type

Sale Of Business

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$1141.98/ month
$239,200 Principal and Interest
$287,040 Property Taxes

Location

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