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Investment Highlights
- Turnkey Bar Restaurant with 2 Residential Rentals
- Additional Lot included
- Liquor License Included
Executive Summary
Offered For Sale: Commercial Building with Rental Income, Turnkey Bar/Restaurant Business, Liquor License , Single Family House included , Separate 1/4 Acre Lot behind. Excellent Condition. Over 20 Years in Business, this Property has a 30 Car Parking Lot, Excellent Location with a Traffic count of 20,000+ cars per day, Updated Kitchen and Newer Kitchen Equipment, Updated Mens and Women's Bathrooms, Point of Sale System, Brand New Security Cameras, 42 degree Draft Beer System, New Windows, New LED Scrolling Sign and More. This Well Run Business comes with Built in Monthly Rental Income with a Spacious Apartment above and a Single Family Home. Also Included is a large Parcel behind the Commercial Building. The Upper Floor of the Building has an Internal Stairwell and can easily be used as additional Seating, Dining and/or Entertainment Area for the Bar/Restaurant. The Single Family House is Commercially Zoned C-3 and has Potential to Convert to a Business Use. This is a Turnkey Business with Rental Income located in the Route 30 and Lincoln Way Corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,219 SF
Building Class
C
Year Built
1930
Price
$634,770 CAD
Price Per SF
$286.06 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
12 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
27’ on 5th Ave
Amenities
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0460-N-00351-0000-00 | Improvements Assessment | $118,444 CAD |
| Land Assessment | $27,762 CAD | Total Assessment | $146,206 CAD |
Property Taxes
Parcel Number
0460-N-00351-0000-00
Land Assessment
$27,762 CAD
Improvements Assessment
$118,444 CAD
Total Assessment
$146,206 CAD
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2721 5th Ave
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