103 Commissioner Street, Zorra | Image 1

103 Commissioner Street

Zorra

  • Commercial

$1,150,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: C1

  • Age: No Data

  • Taxes: 6067.06

  • MLS®#: X9361739

  • Days on Site: 2 Days

  • Added: Sep 20, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KELLER WILLIAMS LIFESTYLES

Exceptional Commercial Opportunity in Embro! Seize the chance to own the only restaurant in the village with this prime corner property on Commissioner Street. This well-loved, family-style establishment, seating up to 98 guests, enjoys high visibility and ample parking, making it a favourite for locals and a magnet for passing traffic. Conveniently located near London, Ingersoll, Woodstock, and Stratford, its perfectly positioned to attract a broad customer base. The restaurant comes fully equipped with all the necessary tools and appliances for a thriving business, ensuring a smooth transition for new ownership. It also features a seasonal ice cream shop and a newer outdoor patio! The property also includes a vacant 2-bedroom, 1-bathroom apartment on the upper level, ideal for immediate rental or personal use. Additionally, theres a second framed unit upstairs that can be converted into another apartment or expanded for a larger living space. This is an ideal investment for those looking to run a successful community restaurant while benefiting from residential rental income. The perfect opportunity for an ambitious restauranteur ready to grow a thriving business or an investor seeking a valuable asset, this listing offers a unique opportunity to tap into both commercial and residential markets in a vibrant, small-town setting.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Zorra

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $6,067

  • Taxes Type: Annual

Land

  • Cross Street: North on 37th line f

  • Municipality District: Zorra

  • Parcel Number: 002250307

  • Lot Depth: 165.4 Feet

  • Lot Frontage: 66.82 Feet

  • Zoning: C1

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 2206

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4078

  • Total Area Metric: Sq Ft

  • Hours Open: 8-3

  • Days Open: 6

  • Lot Code: Lot

  • Seats: 98

  • Business/Building Name: Highland Family Restaurant

  • LLBO: N

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