$499,900 Other FOR LEASE

Commercial/Retail

Lot: 125 x 48 ftTotal Area: 6,000 ft2
2019 Taxes: $851.28

260 Pinewood Park Dr Dr N
North Bay, ON P1B 8Z4 | Nipissing

Well Establish Reputable Family Restaurant And Bar In A High Traffic Area. New Casino And Arena Being Built Next Door ,It Offers Brand New Equipment And Furnishing; Handicap Access 198 Seats Total Including Bar(42) 10 Year Lease At A Very Good Rate, Current Revenue Exceeds 1 Million A Year That Is Without Casino And Arena Being Built . Incredible Opportunity , Owner Is Looking To Retire Financing Available To Reliable Operator

Extras
Restaurant And Bar Has A Current Revenue Over 1 Million , Open 6 Days A Week And Early Nights, Could Be Open 7 Days And Longer Hours For Higher Revenue , Lease Is 7,500 Mth, Taxes To Landlord 851.28.Lease Is 5 + 5 With Another 10 Years

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Listed By SUTTON GROUP INCENTIVE REALTY INC., Brokerage
MLS® Listing Number X4667353
Last Updated Jan 15, 2020
Property Summary
Property Type Commercial/Retail
Use Service Related
Business/Building Name Beef & Brand Inc.
Category Service
Legal Description Part Lots 31 & 32 , Conc. 13
Minimum Rental Term 60
Maximum Rental Term 120
Occupancy Own+Ten
Possession Date Imm
Taxes (2019) $851.28
Tax Type Annual
Directions/Cross Streets Pinewood Park Dr& Lakeshore Rd
Area Nipissing
Price History
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Detailed Information
Freestanding Y
Lot 125 x 48 ft
Retail Area 6,000 ft2
Total Area 6,000 ft2
Air Conditioning Y
Chattels Y
Garage Type None
Days Open 6
LLBO Y
Heat Type Gas Forced Air Open
Financial Statement Y
Area Influences Major Highway
Seats 198
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning C6 Highway/Commercial
Seller Property Info Statement Y

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