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$949,999
Available - For Sale
Listing ID: X10413720
"LOCATED ON THE BUSY HIGHWAY 7, THIS VERSATILE PROPERTY INCLUDES A FREESTANDING BUILDING WITH AN OPERATIONAL RESTAURANT ON THE MAIN FLOOR AND SIX ROOMS UPSTAIRS, IDEAL FOR A POTENTIAL AIRBNB SETUP. ADJACENT TO THE RESTAURANT, THERE IS' SPACIOUS LIVING ROOM AND AN ADDITIONAL ROOM, PROVIDING FURTHER POTENTIAL FOR VARIOUS USES. ANOTHER STANDALONE BUILDING ON-SITE SERVES AS AN ICE CREAM BAR DURING THE SUMMER, OFFERING FLEXIBILITY FOR YEAR-ROUND CONVERSION TO ANY CONCEPT. THE PROPERTY'S PEIME LOCATION AND MULTI-FUNCTIONAL SPACES PRESENT NUMEROUS BUSINESS AND ACCOMMODATION OPPORTUNITIES"NOTABLY, THE CURRENT OWNER IS OPEN TO STAYING ON TO SUPPORT A SMOOTH TRANSITION OR CAN PROVIDE UP TO SIX MONTHS OF TRAINING WITH THE EXPERIENCED STAFF. THIS ADDED SUPPORT OFFERS A UNIQUE ADVANTAGE, MAKING IT A SEAMLESS OPPORTUNITY FOR NEW OWNERSHIP.
Extras:   COMMERCIAL GENERATOR FOR EMERGENCEY USE, COME WITH IT
Price $949,999
Minimum Rental Term: 12
Maximum Rental Term: 60
Taxes: $6,992.51
Tax Type: Annual
Occupancy by: Owner
Address: 21980 Hwy 7 South , Tay Valley, K0H 2B0, Ontario
Postal Code: K0H 2B0
Province/State: Ontario
Legal Description: PART LOT 14 CON 8 SOUTH SHERBROOKE; PART
Directions/Cross Streets: HWY 7 & BOLINGBROKE RD
Zoning: Local Commercial
Category: Highway Commercial
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 63,237.91
Total Area Code:  Sq Ft
Office/Appartment Area: 2470
Office/Appartment Area Code: Sq Ft
Retail Area: 970
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 51-99
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 8-5 PM
Employees #: 4
Seats: 104
LLBO: Y
Sprinklers: N
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 120
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Septic
Water: Well
Water Supply Types: Dug Well
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE IGNITE REALTY

21980 Hwy 7 South , Tay Valley, K0H 2B0, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Commercial/Retail
Area: Lanark
Municipality: Tay Valley
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Lot Size: 274.80 x 0.00(Feet)
Approximate Age: 51-99
Tax: $6,992.51
Maintenance Fee: $0
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Garage: 0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949