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 *
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On Market
Commercial/Retail
Property Type
$42,834 / Year
Est. Taxes
Multi-Use
Style
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Business Type
N
Franchise
Listing Details
Lot Depth:
196 Feet
Lot Size:
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Style:
Multi-Use
Exterior Construction:
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Roof Material:
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Patio/Deck:
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Driveway:
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Swimming Pool:
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Schools nearby
Listing Brokerage
MLS® Listing
X11824256
Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
ROYAL LEPAGE REAL ESTATE SERVICES LTD. - Disclaimer: The information contained in this listing has not been verified by ROYAL LEPAGE REAL ESTATE SERVICES LTD. and should be verified by the buyer.
Data is deemed reliable but not guaranteed accurate by TRREB.