169 Front Street, West Nipissing | Image 1

169 Front Street

West Nipissing

  • Commercial

$2,199,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C2

  • Age: No Data

  • Taxes: 42834.2

  • MLS®#: X9367861

  • Added: Sep 25, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

An iconic investment property is available in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with several income streams including 16 apartments, 3 commercial units, 1 bar, 1 restaurant, 1 banquet hall and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Included in the sale is a single family home, zoned C2, which sits adjacent to this property on a 66x132 foot lot.

Extras

* 16 Apartments * 3 tenanted commercial units * 1 restaurant * 1 bar * 1 banquet hall * 1 drive thru * 1 single family home * 1 storage unit * LLBO = 441 * ample parking * pylon signage * and so much more *

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: West Nipissing

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 65

Fees

  • Tax Year: 2024

  • Taxes: $42,834

  • Taxes Type: Annual

Land

  • Cross Street: FRONT ST & MICHAUD S

  • Municipality District: West Nipissing

  • Lot Depth: 195.5 Feet

  • Lot Frontage: 264.01 Feet

  • Zoning: C2

Commercial Specific

  • Retail Area: 50

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 28237

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 441

  • LLBO: Y

Map of 169 Front Street, West Nipissing
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