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$2,875,000
Available - For Sale
Listing ID: S8072968
INVESTMENT opportunity in a bustling atmosphere and prime location in Elmvale, Ont. This incredible property offers a Pub, Cafe Space, and 3 Ap, presenting an attractive investment opportunity in a high-traffic area. Cafe Space Currently rented out and tenant is willing to stay. The Cafe features a delectable menu, highlighted by Lobster and Steak specialties. 3 apartments on-site, providing steady rental income. Palace Tavern (Bar): Fully equipped tavern included in the sale. Hosts popular Jam Nights every Thurs evening, drawing in a diverse crowd. Ample parking located at the rear of the property. During the summer months, patrons can enjoy the outdoor patio in the back.This comprehensive property offers a rare opportunity to own a versatile establishment in a thriving community. Whether you're looking to expand your investment portfolio or embark on a new business venture, this property promises both financial reward and potential for growth.
Extras:   Kitchen Equipment, Hood, Sinks, Fridge, Walk in Cooler, Deep Fryer, Flat Top, TV's, Glass Washer, Fireplace, Draft Taps, Pool Tables, Chairs, Glass Wear Tills, ATM, Foosball, Table
Price $2,875,000
Taxes: $3,718.7
Tax Type: Annual
Occupancy by: Own+Ten
Address: 13 Queen St , Springwater, L0L 1P0, Ontario
Postal Code: L0L 1P0
Province/State: Ontario
Legal Description: PT LT E S/S QUEEN ST PL 324 ELMVALE; PT
Lot Size: 68.5 x 165.53 (Feet)
Directions/Cross Streets: Yonge St N Queen Strw
Zoning: Commercial
Category: With Property
Use: Bar/Tavern/Pub
Building Percentage: Y
Area Influences: Major Highway   Public Transit
Business/Building Name: Palace Tavern
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: Hours V
Employees #: 10
Seats: 100
LLBO: Y
Outside Storage: N
Crane: N
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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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.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

13 Queen St , Springwater, L0L 1P0, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: Springwater
Neighbourhood: Elmvale
Style:
Lot Size: 68.50 x 165.53(Feet)
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Tax: $3,718.7
Maintenance Fee: $0
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Baths: 5
Garage: 0
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