54 FOSTER Street, Perth | Image 1

54 FOSTER Street

Perth, 907 - Perth

  • Commercial

$999,900
For Sale

Added 6 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C1

  • Age: 100+ years

  • Taxes: 7742

  • MLS®#: X9516108

  • Days on Site: 180 Days

  • Added: Jul 11, 2024 (6 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KELLER WILLIAMS INTEGRITY REALTY

Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 100+

  • Area: Perth

  • Community: 907 - Perth

  • Availability Date: TBA

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 200

Parking

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: Pt N 1/2 lt 2 S/S Foster St Pl 8828 Lanark S Drummond as in RS12

  • Taxes: $7,742

  • Expenses: Est

  • Insurance Fee: 4382

  • Operating Fees: 390000

  • Tax Year: 2023

Land

  • Cross Street: From Hwy 7 take Drum

  • Municipality District: Perth

  • Parcel Number: 051770089

  • Sewer: Sanitary

  • Lot Depth: 68.65 Feet

  • Lot Frontage: 18.64 Feet

  • Zoning: C1

Additional Media

  • Virtual Tour: https://listings.nextdoorphotos.com/54fosterst

Shipping Doors

  • Clearing Height (in): 10

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 2000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 3885

  • Total Area Metric: Sq Ft

  • Hours Open: 5 to 9

  • Office Size: 971

  • Office Size Metric: Sq Ft

  • Days Open: 4

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 60

  • Business/Building Name: Bistro

  • Financial Statement: Y

  • Gross Income/Sales: 452000

  • LLBO: Y

Map of 54 FOSTER Street, Perth
JK-6

Glen Tay Public School

Elementary: Public
5.19 km
7-8

St. John Intermediate School

Elementary: Catholic
1.56 km
JK-6

The Queen Elizabeth School

Elementary: Public
1.11 km
7-8

Perth Intermediate School

Elementary: Public
0.42 km
JK-6

St John Elementary School

Elementary: Catholic
0.61 km
JK-6

The Stewart Public School

Elementary: Public
0.61 km
9-12

Hanley Hall Catholic High School

Secondary: Catholic
18.45 km
9-12

St. Luke Catholic High School

Secondary: Catholic
18.23 km
9-12

Perth and District Collegiate Institute

Secondary: Public
0.44 km
9-12

Carleton Place High School

Secondary: Public
27.13 km
9-12

St John Catholic High School

Secondary: Catholic
1.64 km
9-12

Smiths Falls District Collegiate Institute

Secondary: Public
18.52 km
53 FOSTER Street, Perth | MLS: X9463847
For Sale
1 year ago
$849,000
  • 0 bath
  • 0 bed

53 FOSTER Street, Perth, Ontario • K7H 1R9 • 907 - Perth

15,17,1 GORE Street East, Perth | MLS: X9517646
For Sale
4 months ago
$1,050,000
  • 0 bath
  • 0 bed

15,17,1 GORE Street East, Perth, Ontario • K7H 1H4 • 907 - Perth