This exceptional investment property in Pickering Village presents a unique opportunity. Boasting a well-established German-style restaurant with a 20-year history, it occupies the equivalent of a double unit in a boutique residential/commercial condo complex. The main floor and basement, host the restaurant, while the second floor comprises two separate apartments. Fully leased, totalling 5300 sq ft, the property generates a substantial rental income. This prime location and versatile setup make it a lucrative venture for both commercial and residential purposes. With a proven track record and steady income stream, this property stands as a solid investment in a thriving community. Buyer/Agent To Do Due Diligence For Planned Use/Measurements/Taxes/Condo Fees. (id:47423)
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Detailed Information
Listing Contract Date
2024-06-21
Location Description
Kingston/Church
Property Type
Retail
Transaction Type
For sale
Zoning Description
Commercial
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Type
Retail
Utility Water
Municipal water
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