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Investment Highlights
- Borders a new village park and benefits from frontage on a busy state road.
- Mini-split heating and cooling systems provide year-round comfort throughout the building.
- Additional space is rough-framed with utilities ready for an extra apartment or office.
- First floor features cherry bar, multiple dining rooms, and a robust commercial kitchen.
- Upper floor includes a renovated two-bedroom apartment with refinished floors and laundry.
- Sale includes three separate land parcels plus a large dedicated parking area.
Executive Summary
Welcome to a beautifully restored piece of local history nestled in the charming country setting of the Hoags Corners Hamlet. Formerly a tavern, restaurant, and bakery, this versatile commercial property is full of character and ready for its next adventure. The property borders a beautiful new village park and is on a heavily travelled state road. The inviting first floor features, refinished cherry bar, a main tavern room with tile flooring, and three distinct dining areas with refinished wood flooring--including one with a woodstove that provides a cozy, warm atmosphere for guests. At the heart of the building is a commercial kitchen with a fairly new commercial gas oven, range and a hood fire suppression system. Comfort is easily maintained year-round, with mini-split units providing both heating and cooling throughout the space. Accessible via a private, separate entrance, the second floor beautifully preserves the property's rich past as a former boarding house. Here, you will find a spacious, newly renovated two-bedroom apartment featuring original interior doors, beautifully refinished floors, and convenient in-unit laundry and separate meter. A second upper-level area has been rough-framed with plumbing and electric already installed--offering a blank canvas to seamlessly finish as an additional apartment or a private office for your business. The property also has a large dedicated parking lot. To help bring your vision to life all appliances, existing furniture, and the piano are included. Bring your dreams and discover the endless possibilities that await in this truly special space. Sale includes three lots: 193.1-1-17.1, 193.1-1-17.31, 193.1-1-17.2.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,313 SF
Building Class
B
Year Built
1940
Price
$695,981 CAD
Price Per SF
$110.25 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.00 AC
Zoning
RR - Commercial
Parking
7 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 3003-193.1-1-17 | Improvements Assessment | $143,060 CAD |
| Land Assessment | $33,101 CAD | Total Assessment | $176,162 CAD |
Property Taxes
Parcel Number
3003-193.1-1-17
Land Assessment
$33,101 CAD
Improvements Assessment
$143,060 CAD
Total Assessment
$176,162 CAD
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7134 State Route 66
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