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$ 325,000
Est. payment | /mo
4,894 SqFt
$ 325,000
Est. payment | /mo
4,894 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Square Footage 4,894 sqft
Price per Sqft $66
MLS Listing ID X11924832
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Welcome to an exceptional restaurant opportunity in downtown Elmira. This fully renovated restaurant, features two spacious dining rooms and a bar on the main floor. The main floor also includes a fully equipped kitchen, perfect for a seamless operation and a transferable liquor license capacity of 88 with an excellent rental rate of $6000.00 Net + TMI and a 5 year lease with 5 year option to renew. The second floor boasts a versatile banquet hall, ideal for hosting events. The basement provides ample cold storage and additional prep space. Includes two private parking spaces, plus convenient city parking at the rear and on the street. The restaurant already boasts strong sales so don't miss out on owning a turnkey establishment in downtown Elmira. Please do not go direct or speak to staff. Your discretion is appreciated. **EXTRAS** * Net Rent = $6000.00 * TMI = $1,500.00 * 2 Floors * 2,447 Sq Ft Main * 2,447 Sq Ft Upper * LLBO = 88 * 2 Parking Spots * Full Basement * Full Kitchen With Exhaust Hood *
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 35.0
Lot Depth 101.0
Others
Security Features No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "