32 Arthur Street South, Woolwich | Image 1

32 Arthur Street South

Woolwich

  • Commercial

$325,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C-1

  • Age: No Data

  • MLS®#: X11924832

  • Days on Site: 30 Days

  • Added: Jan 15, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Welcome to an exceptional restaurant opportunity in downtown Elmira. This fully renovated restaurant, features two spacious dining rooms and a bar on the main floor. The main floor also includes a fully equipped kitchen, perfect for a seamless operation and a transferable liquor license capacity of 88 with an excellent rental rate of $6000.00 Net + TMI and a 5 year lease with 5 year option to renew. The second floor boasts a versatile banquet hall, ideal for hosting events. The basement provides ample cold storage and additional prep space. Includes two private parking spaces, plus convenient city parking at the rear and on the street. The restaurant already boasts strong sales so don't miss out on owning a turnkey establishment in downtown Elmira. Please do not go direct or speak to staff. Your discretion is appreciated. **EXTRAS** * Net Rent = $6000.00 * TMI = $1,500.00 * 2 Floors * 2,447 Sq Ft Main * 2,447 Sq Ft Upper * LLBO = 88 * 2 Parking Spots * Full Basement * Full Kitchen With Exhaust Hood *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Woolwich

  • 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: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2025

  • Taxes Type: T.M.I.

Land

  • Cross Street: Arthur St S & Church

  • Municipality District: Woolwich

  • Parcel Number: 222230117

  • Lot Depth: 101 Feet

  • Lot Frontage: 35 Feet

  • Zoning: C-1

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 75

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 4894

  • Total Area Metric: Sq Ft

  • Hours Open: 11am-10

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 88

  • Financial Statement: Y

  • LLBO: Y

Map of 32 Arthur Street South, Woolwich
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112 Oriole Parkway West, Woolwich | MLS: X11950137
For Sale
3 weeks ago
$349,000
  • 0 bath
  • 0 bed

112 Oriole Parkway West, Woolwich, Ontario • N3B 1C5 • Woolwich