Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB
Pt N 1/2 lt 2 S/S Foster St Pl 8828 Lanark S Drummond as in RS120398 T/W RS120398 Perth
Occupancy
Owner
Possession Date
TBA
Taxes (2024)
$7,742
Directions/Cross Streets
From Hwy 7 take Drummond St., towards downtown and turn right on Foster St., property will be on the left just past Gore St. Or turn onto Wilson St., towards downtown and turn left on Foster and property will be on the right.
Neighbourhood
907 - Perth
Area
Lanark
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
3
Lot
18.64 x 68.65 ft
Retail Area
2,000 ft2
Office/Apt Area
971 ft2
Total Area
3,885 ft2
Approximate Age
100+
Air Conditioning
Y
Basement
Y
Chattels
Y
Parking Spaces
1
Amps
200
Days Open
4
Hours Open
5 to 9
LLBO
Y
Employees
5
Heat Type
Gas Forced Air Open
Financial Statement
Y
Gross Income/Sales
$452,000
Insurance Expense
$4,382
Operating Expenses
$390,000
Year Expenses
$2,023
Expenses Actual/Estimated
Est
Seats
60
Sprinklers
Y
Sewers
Sanitary
Utilities
Y
Water
Municipal
Clear Height
10 inches
Lot/Bldg/Unit Code
Building
Zoning
C1
Seller Property Info Statement
N
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