"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: | $6992.51 |
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 |
Category: | Highway Commercial |
Use: | Hospitality/Food Related |
Building Percentage: | Y |
Total Area: | 63237.91 |
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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE IGNITE REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Lanark |
Municipality: | Tay Valley |
Approximate Age: | 51-99 |
Tax: | $6,992.51 |