506-510 Dundas Street, Woodstock | Image 1

506-510 Dundas Street

Woodstock

  • Commercial

$1,595,000
For Sale

Added 6 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: C5

  • Age: No Data

  • Taxes: 6570.2

  • MLS®#: X8358528

  • Added: May 21, 2024 (6 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Big investment and end-user opportunity available in Downtown Woodstock with a family restaurant, bar, and 3 bedroom apartment. Serving up the city for nearly 40 years, this family restaurant, known as Dino's Dining Lounge, has a consistent clientele base with ample seating and a large transferable liquor license capacity of 127. Moving next door to Nico's Sports Bar & Grill brings you a recently renovated bar/lounge with a large transferable liquor license capacity of 140, including a stage, dance floor, 2 bars, full basement with pool tables, and more. Upstairs at Dino's is a large 3 bedroom apartment with below market rents. Both the family restaurant and bar are currently owner/operated. The proximity of both establishments can't be beat with ample city parking in the back and situated in and around the local favourites. These combined properties provide a large frontage of over 50 feet and available for restaurant conversions to your preferred concept or cuisine. Please do not go direct or speak to staff. Your discretion is appreciated.

Extras

* 1 Family Restaurant * 1 Sports Bar * 3 Bedroom Apartment * Combined LLBO Capacity of 267 * Restaurant & Bar Is Owner Operated * Sound System * Karaoke Machine * Pizza Oven * Exhaust Hood * 2 Double Fryers * 2 Flat Tops & Much More *

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Woodstock

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2024

  • Taxes: $6,570

  • Taxes Type: Annual

Land

  • Cross Street: Dundas St & Wellingt

  • Municipality District: Woodstock

  • Lot Depth: 100 Feet

  • Lot Frontage: 53.1 Feet

  • Zoning: C5

Commercial Specific

  • Retail Area: 75

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 5961.58

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 267

  • Financial Statement: Y

  • LLBO: Y

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  • 0 bath
  • 0 bed

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