21980 Hwy 7 South, Tay Valley | Image 1

21980 Hwy 7 South

Tay Valley

  • Commercial

$949,999
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: Local Commercial

  • Age: 51-99 years

  • Taxes: 6992.51

  • MLS®#: X10413720

  • Days on Site: 2 Days

  • Added: Nov 06, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE IGNITE REALTY

"LOCATED ON THE BUSY HIGHWAY 7, THIS VERSATILE PROPERTY INCLUDES A FREESTANDING BUILDING WITH AN OPERATIONAL RESTAURANT ON THE MAIN FLOOR AND SIX ROOMS UPSTAIRS, IDEAL FOR A POTENTIAL AIRBNB SETUP. ADJACENT TO THE RESTAURANT, THERE IS' SPACIOUS LIVING ROOM AND AN ADDITIONAL ROOM, PROVIDING FURTHER POTENTIAL FOR VARIOUS USES. ANOTHER STANDALONE BUILDING ON-SITE SERVES AS AN ICE CREAM BAR DURING THE SUMMER, OFFERING FLEXIBILITY FOR YEAR-ROUND CONVERSION TO ANY CONCEPT. THE PROPERTY'S PEIME LOCATION AND MULTI-FUNCTIONAL SPACES PRESENT NUMEROUS BUSINESS AND ACCOMMODATION OPPORTUNITIES"NOTABLY, THE CURRENT OWNER IS OPEN TO STAYING ON TO SUPPORT A SMOOTH TRANSITION OR CAN PROVIDE UP TO SIX MONTHS OF TRAINING WITH THE EXPERIENCED STAFF. THIS ADDED SUPPORT OFFERS A UNIQUE ADVANTAGE, MAKING IT A SEAMLESS OPPORTUNITY FOR NEW OWNERSHIP.

Extras

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Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Highway Commercial

  • Age: 51-99

  • Area: Tay Valley

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: No

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply Type: Dug Well

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Well

  • Physically Handicapped-Equipped: Y

  • Volts: 120

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 14 CON 8 SOUTH SHERBROOKE; PART LOT 15 CON 8 SOUTH SHER

  • Taxes: $6,993

  • Taxes Type: Annual

Land

  • Cross Street: HWY 7 & BOLINGBROKE

  • Municipality District: Tay Valley

  • Parcel Number: 052090203

  • Sewer: Septic

  • Lot Frontage: 274.8 Feet

  • Zoning: Local Commercial

Commercial Specific

  • Number of Employees: 4

  • Rail: N

  • Retail Area: 970

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Terms: 60

  • Total Area: 63237.91

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 12

  • Hours Open: 8-5 PM

  • Office Size: 2470

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 104

  • Soil Test: N

  • Financial Statement: Y

  • LLBO: Y

Map of 21980 Hwy 7 South, Tay Valley
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St Edward's School

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