54 Foster Street, Perth South | Image 1

54 Foster Street

Perth South

  • Commercial

$X,XXX,XXX
For Sale

Added 2 years ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL- REST

  • Age: 100+ years

  • Taxes: 7742

  • MLS®#: X6125572

  • Days on Site: 878 Days

  • Added: Nov 09, 2021 (2 years 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 SIT 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 AND WELL ESTABLISHED BUSINESS WITH OVER 8000 SEATED GUESTS PER YEAR & A PROVEN PROFITABILITY FORMULA. THREE FLOORS OF RENOVATED SPACE TOTALLING 2788SQFT, SEMI-FINISHED BASEMENT 1050SQFT, 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 KITCHENS & 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

Extras

**INTERBOARD LISTING: OTTAWA REAL ESTATE BOARD**

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 100+

  • Net Income: 75911

  • Area: Perth South

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT N 1/2 LT 2 S/S FOSTER ST PL 8828 T/W

  • Taxes: $7,742

  • Expenses: Act

  • Operating Fees: 278000

  • Heat Expenses: 11069

  • Taxes Type: Annual

  • Taxes: 669

  • Tax Year: 2022

Land

  • Cross Street: Gore St., & Wilson S

  • Municipality District: Perth South

  • Parcel Number: 051770089

  • Sewer: San+Storm

  • Lot Depth: 68.65 Feet

  • Lot Frontage: 18.64 Feet

  • Zoning: COMMERCIAL- REST

Additional Media

  • Virtual Tour: http://listings.nextdoorphotos.com/5Afosterst

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 2788

  • Retail Area Metric: Sq Ft

  • Total Area: 3838

  • Total Area Metric: Sq Ft

  • Hours Open: 5-9Pm

  • Office Size: 1050

  • Office Size Metric: Sq Ft

  • Days Open: 3

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Building Percent: 20

  • Seats: 64

  • Business/Building Name: Bistro 548943

  • Financial Statement: Y

  • Gross Income/Sales: 428342

  • LLBO: Y

Map of 54 Foster Street, Perth South
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