24
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$299,000
Est. payment /mo
11,565 SqFt
Active
169 Front ST West Nipissing, ON P2B 2H9
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,565 sqft
Price per Sqft $25
Subdivision Sturgeon Falls
MLS Listing ID X11824278
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 195.5
Lot Front 264.01
Property Description
Here's your opportunity to own an existing and iconic restaurant in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with 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. Strong consistent sales ready for new ownership. **EXTRAS** * Restaurant = 900 sf * Country Style = 1118 sf * Dining Room = 3638 sf * Bar = 2126 sf * BOH = 3802 sf * LLBO = 441 * Gross Lease = $12,500 + HST * Pylon Signage * Drive Thru Available * 65 Parking Spots *
Location
Province ON
County Nipissing
Community Sturgeon Falls
Area Nipissing
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 264.01
Lot Depth 195.5
Others
Security Features Yes
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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