13 Queen Street, Springwater | Image 1

13 Queen Street

Springwater, Elmvale

  • Commercial

$2,875,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Bar/Tavern/Pub

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 3718.7

  • MLS®#: S8072968

  • Days on Site: 48 Days

  • Added: Feb 16, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

INVESTMENT opportunity in a bustling atmosphere and prime location in Elmvale, Ont. This incredible property offers a Pub, Cafe Space, and 3 Ap, presenting an attractive investment opportunity in a high-traffic area. Cafe Space Currently rented out and tenant is willing to stay. The Cafe features a delectable menu, highlighted by Lobster and Steak specialties. 3 apartments on-site, providing steady rental income. Palace Tavern (Bar): Fully equipped tavern included in the sale. Hosts popular Jam Nights every Thurs evening, drawing in a diverse crowd. Ample parking located at the rear of the property. During the summer months, patrons can enjoy the outdoor patio in the back.This comprehensive property offers a rare opportunity to own a versatile establishment in a thriving community. Whether you're looking to expand your investment portfolio or embark on a new business venture, this property promises both financial reward and potential for growth.

Extras

Kitchen Equipment, Hood, Sinks, Fridge, Walk in Cooler, Deep Fryer, Flat Top, TV's, Glass Washer, Fireplace, Draft Taps, Pool Tables, Chairs, Glass Wear Tills, ATM, Foosball, Table

Property

  • Status: Sale

  • Type: Bar/Tavern/Pub

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Springwater

  • Community: Elmvale

  • Availability Date: Flexible

Inside

  • Bathrooms: 5

  • Air Conditioning: Y

  • Washrooms: 5

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT E S/S QUEEN ST PL 324 ELMVALE; PT N1/2 LT 6 CON 8 FLOS AS

  • Taxes: $3,719

  • Taxes Type: Annual

Land

  • Cross Street: Yonge St N Queen Str

  • Municipality District: Springwater

  • Parcel Number: 583790081

  • Lot Depth: 165.53 Feet

  • Lot Frontage: 68.5 Feet

  • Zoning: Commercial

Additional Media

  • Virtual Tour: https://listings.wylieford.com/videos/ac8c9265-0a20-47a2-9ccd-b8e70d42c906

Commercial Specific

  • Number of Employees: 10

  • Hours Open: Hours V

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Seats: 100

  • Business/Building Name: Palace Tavern

  • Financial Statement: Y

  • LLBO: Y

Map of 13 Queen Street, Springwater
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