$2,199,000 FOR SALE

Commercial/Retail

Lot: 264.01 x 195.5 ftTotal Area: 28,237 ft2
2024 Taxes: $42,834.2

169 Front St
West Nipissing, ON P2B 2H9 | Nipissing

An iconic investment property is available in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with several income streams including 16 apartments, 3 commercial units, 1 bar, 1 restaurant, 1 banquet hall and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Included in the sale is a single family home, zoned C2, which sits adjacent to this property on a 66x132 foot lot.

Extras
* 16 Apartments * 3 tenanted commercial units * 1 restaurant * 1 bar * 1 banquet hall * 1 drive thru * 1 single family home * 1 storage unit * LLBO = 441 * ample parking * pylon signage * and so much more *

Share

Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9367861
Last Updated Sep 25, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
Occupancy Own+Ten
Possession Date TBD
Taxes (2024) $42,834.2
Tax Type Annual
Directions/Cross Streets FRONT ST & MICHAUD ST
Area Nipissing
Price History
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
Freestanding Y
Lot 264.01 x 195.5 ft
Retail Area 50 percent
Total Area 28,237 ft2
Air Conditioning Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 65
LLBO Y
Heat Type Gas Forced Air Open
Seats 441
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.