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$949,999
Available - For Sale
Listing ID: X10413720
"LOCATED ON THE BUSY HIGHWAY 7, THIS VERSATILE PROPERTY INCLUDES A FREESTANDING BUILDING WITH AN OPERATIONAL RESTAURANT ON THE MAIN FLOOR AND SIX ROOMS UPSTAIRS, IDEAL FOR A POTENTIAL AIRBNB SETUP. ADJACENT TO THE RESTAURANT, THERE IS' SPACIOUS LIVING ROOM AND AN ADDITIONAL ROOM, PROVIDING FURTHER POTENTIAL FOR VARIOUS USES. ANOTHER STANDALONE BUILDING ON-SITE SERVES AS AN ICE CREAM BAR DURING THE SUMMER, OFFERING FLEXIBILITY FOR YEAR-ROUND CONVERSION TO ANY CONCEPT. THE PROPERTY'S PEIME LOCATION AND MULTI-FUNCTIONAL SPACES PRESENT NUMEROUS BUSINESS AND ACCOMMODATION OPPORTUNITIES"NOTABLY, THE CURRENT OWNER IS OPEN TO STAYING ON TO SUPPORT A SMOOTH TRANSITION OR CAN PROVIDE UP TO SIX MONTHS OF TRAINING WITH THE EXPERIENCED STAFF. THIS ADDED SUPPORT OFFERS A UNIQUE ADVANTAGE, MAKING IT A SEAMLESS OPPORTUNITY FOR NEW OWNERSHIP.
Extras:   COMMERCIAL GENERATOR FOR EMERGENCEY USE, COME WITH IT
Price $949,999
Minimum Rental Term: 12
Maximum Rental Term: 60
Taxes: $6,992.51
Tax Type: Annual
Occupancy by: Owner
Address: 21980 Hwy 7 South , Tay Valley, K0H 2B0, Ontario
Postal Code: K0H 2B0
Province/State: Ontario
Legal Description: PART LOT 14 CON 8 SOUTH SHERBROOKE; PART
Directions/Cross Streets: HWY 7 & BOLINGBROKE RD
Zoning: Local Commercial
Category: Highway Commercial
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 63,237.91
Total Area Code:  Sq Ft
Office/Appartment Area: 2470
Office/Appartment Area Code: Sq Ft
Retail Area: 970
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 51-99
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 8-5 PM
Employees #: 4
Seats: 104
LLBO: Y
Sprinklers: N
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 120
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Septic
Water: Well
Water Supply Types: Dug Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE IGNITE REALTY

21980 Hwy 7 South , Tay Valley, K0H 2B0, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial/Retail
Area: Lanark
Municipality: Tay Valley
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Lot Size: 274.80 x 0.00(Feet)
Approximate Age: 51-99
Tax: $6,992.51
Maintenance Fee: $0
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Garage: 0
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908