Seize the opportunity to be part of Elmvale's vibrant community with this unique property that combines residential and commercial potential. The Pub and Cafe Space are well-established and draw consistent foot traffic, making them prime spots for continued success. The fully equipped tavern, with its lively atmosphere and popular events like Jam Nights, ensures a steady stream of patrons, while the three on-site apartments provide reliable rental income. With ample parking and a cozy outdoor patio, this property is perfectly positioned to thrive year-round. Whether you're an investor or an entrepreneur, this versatile property offers a blend of stability and growth potential, making it an exceptional addition to your portfolio. Don’t miss out on this rare chance to own a piece of Elmvale’s thriving landscape—reach out today to explore this exciting investment opportunity! (id:47423)
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Listed By
Royal LePage Real Estate Services Ltd. (Unit A), Brokerage
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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
2024-08-15
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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