Investment Opportunity: Pub with Cafe Space, Apartments, and Tavern in Elmvale, Ontario Don't miss the chance to own a thriving establishment renowned for its bustling atmosphere and prime location in Elmvale, Ontario. This incredible property offers a Pub, Cafe Space, and 3 Apartments, presenting an attractive investment opportunity in a high-traffic area. Cafe Space: Currently rented out and tenant is willing to stay. The Cafe features a delectable menu, highlighted by Lobster and Steak specialties. 3 apartments on-site, providing steady rental income. Palace Tavern (Bar): Fully equipped tavern included in the sale. Hosts popular Jam Nights every Thursday evening, drawing in a diverse crowd. Ample parking located at the rear of the property. During the summer months, patrons can enjoy the outdoor patio in the back. This comprehensive property offers a rare opportunity to own a versatile establishment in a thriving community. Whether you're looking to expand your investment portfolio or embark on a new business venture, this property promises both financial reward and potential for growth. Contact us today to seize this exciting opportunity! (id:47423)
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Listed By
Royal LePage Real Estate Services Ltd., (Unit B) Brokerage, Royal LePage Real Estate Services Ltd. (Unit A), Brokerage
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
Lot
68 x 166 ft
Amenities Nearby
Hospital, Public Transit, Schools
Communication Type
High Speed Internet
Community Features
High Traffic Area
Features
Visual exposure, Paved driveway
Listing Contract Date
2024-02-16
Location Description
Yonge Street North and Queen Street West
Ownership Type
Freehold
Property Type
Office
Signage
Unknown
Transaction Type
For sale
Zoning Description
COM
Business
Name
Palace Tavern
Building
Basement Type
Partial
Exterior Finish
Brick
Fire Protection
Alarm system
Stories Total
2
Size (Exterior)
3500
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access, Highway access
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
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