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Executive Summary
Turnkey restaurant opportunity ready for operation! This former popular restaurant features over 5,100 sq. ft. situated on 1.6 acres and was originally built in 2001. The property includes all furnishings, kitchen equipment, and bar equipment—providing everything needed to open and begin serving customers right away.
Property highlights include a spacious outdoor patio ideal for dining and entertainment, multiple TVs perfect for game-day crowds, and a 1,500 sq. ft. basement offering excellent space for storage and office use. An additional 18x24 garage provides even more storage flexibility.
With its fully equipped setup and versatile layout, this property is perfectly suited for a restaurant, sports bar, banquet facility, event venue, or hospitality concept. A rare opportunity to step into a well-established location with the infrastructure already in place for success. Liquor license available.
Property highlights include a spacious outdoor patio ideal for dining and entertainment, multiple TVs perfect for game-day crowds, and a 1,500 sq. ft. basement offering excellent space for storage and office use. An additional 18x24 garage provides even more storage flexibility.
With its fully equipped setup and versatile layout, this property is perfectly suited for a restaurant, sports bar, banquet facility, event venue, or hospitality concept. A rare opportunity to step into a well-established location with the infrastructure already in place for success. Liquor license available.
Property Facts
Sale Type
Owner User
Sale Condition
REO Sale
Property Type
Building Size
5,160 SF
Building Class
C
Year Built
2001
Price
$890,851 CAD
Price Per SF
$172.65 CAD
Building Height
1 Story
Building FAR
0.07
Lot Size
1.65 AC
Zoning
B-1
Frontage
271’ on Gratiot Rd
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-12-4-29-2002-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $597,679 CAD |
Property Taxes
Parcel Number
23-12-4-29-2002-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$597,679 CAD
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5530 Gratiot Rd
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