169 Front Street West Nipissing, Ontario P2B 2H9
$2,199,000
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 * (id:52603)
Property Details
| MLS® Number | X9367861 |
| Property Type | Retail |
| Parking Space Total | 65 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 28237 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 195 Ft ,6 In |
| Size Frontage | 264 Ft |
| Size Irregular | 264.01 X 195.5 Ft |
| Size Total Text | 264.01 X 195.5 Ft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/27467269/169-front-street-west-nipissing
4025 Yonge Street Suite 103
Toronto, Ontario M2P 2E3
(416) 487-4311
(416) 487-3699
4025 Yonge Street Suite 103
Toronto, Ontario M2P 2E3
(416) 487-4311
(416) 487-3699
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September 25 2024 09:44:52
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.