$850,000 FOR SALE

Commercial/Retail

109 Upper Midland Road
Norton, NB E5T 1Z8

Established modern restaurant in beautiful country setting. This turn-key business is a great opportunity with loads of untapped potential and possibilities. Extremely popular with locals and tourists. This is a profitable business located in the heart of Kings County - between Sussex and Saint John. The licensed dining room seats 160 and has an additional 50+ seats on a beautiful outdoor 3 season patio overlooking the golf course in Midland. Other Features include 2 Indoor Dining areas (The main restaurant area on the main floor which includes a separate large room for private events. And a second restaurant area downstairs), 2 Bars (one on each floor). It comes fully equipped and furnished. Recent Renovations include fresh paint and flooring in the restaurant, and all new Kitchen Equipment! Approx. $12K in inventory to remain. In addition to having easy access to the TransCanada Highway, the location of this restaurant has direct access to the groomed snowmobile and ATV trails, a great income opportunity to cater to outdoor enthusiasts. It is adjacent to Midland Golf Course. Weddings and year round catering are also additional potential incomes for this already bustling business. (id:47423)

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Listed By KELLER WILLIAMS CAPITAL REALTY
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB103163
Last Updated Sep 04, 2024
Property Summary
Property Type Commercial/Retail

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Use Restaurant
Price History
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Detailed Information
Amenities Nearby Golf Course
Equipment Other
Features Golf course/parkland
Location Description From Highway 1 - Take Norton Exit (175). Turn onto Route 124 towards Norton. Follow 124 approx. 9 kms. Turn Left onto Upper Midland Road. Restaurant is approx. 1 km from the end of the road, on the Left side.
Municipal ID 30246136
Property Type Other
Rental Equipment Other
Transaction Type For sale
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Cooling Type Heat Pump
Heating Type Heat Pump
Roof Material Asphalt shingle
Roof Style Unknown
Total Finished Area 4480 sqft
Land
Total Size 3.48 acres
Access Type Year-round access, Highway access
Acreage Yes
Amenities Golf Course
Size of Irregular Land 3.48

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