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$1,100,000
Available - For Sale
Listing ID: X12155250
Welcome to an opportunity of a lifetime in picturesque downtown Perth on the waterfront along the Tay River! No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently vacant, being repainted and would rent for close to $1750 (plus hydro) and maybe more. The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. If visiting the restaurant, please be discreet as the staff may or may not know that the property is for sale. Come see!
Price $1,100,000
Taxes: $11,563
Tax Type: Annual
Occupancy by: Owner+T
Address: 100 Gore Stre East , Perth, K7H 1J3, Lanark
Postal Code: K7H 1J3
Province/State: Lanark
Legal Description: PT LT 45 PL 8828 LANARK S LYING WITHIN C
Directions/Cross Streets: Gore St E and Mill St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 10,031
Total Area Code:  Square Feet
Business/Building Name: ```
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Water Expense: $1263
Net Income Before Debt: $52706
Expenses Actual/Estimated: $Act
Heat Type: Other
Central Air Conditioning: Partial
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK LAFONTAINE REALTY

100 Gore Stre East , Perth, K7H 1J3, Lanark


 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Perth
Neighbourhood: 907 - Perth
Style:
Lot Size: x 154.00(Feet)
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Tax: $11,563
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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