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16453 Highway 17 W Highway Cobden, Ontario K0J 1K0

$249,000

Great opportunity. Building with an established restaurant and a large 4 bedroom apartment upstairs. Seller operates the restaurant and occupies the apartment. Fully equipped kitchen. Seats about 90. Main area has about 50 seats and private party room has 40 seats. Popular family restaurant is well known for its pizza and is also a convenient truck stop along the highway. Great summer traffic - not far from Logo Land, campsites and Whitewater rafting. Large property with two side yards offers potential for large gatherings or events. Plenty of parking. Great for Chinese food. Currently the owner does not sell liquor, but could get liquor licence. Option that the Buyer will buy everything and the Seller will give vacant possession. Restaurant and apartment to rent for $2500 a month to Gross $30,000 annually and NOI $25,000. (id:25865)

Property Details

MLS® Number 1113774
Property Type Retail
Neigbourhood Muskrat Lake/Cobden

Building

Fireplace Present No

Land

Acreage No
Size Depth 100 Ft
Size Frontage 225 Ft
Size Irregular 225 Ft X 100 Ft
Size Total Text 225 Ft X 100 Ft
Zoning Description Commercial

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19579899

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