INVESTMENT opportunity in a bustling atmosphere and prime location in Elmvale, Ont. This incredible property offers a Pub, Cafe Space, and 3 Ap, presenting an attractive investment opportunity in a high-traffic area. Cafe Space Currently rented out and tenant is willing to stay. The Cafe features a delectable menu, highlighted by Lobster and Steak specialties. 3 apartments on-site, providing steady rental income. Palace Tavern (Bar): Fully equipped tavern included in the sale. Hosts popular Jam Nights every Thurs evening, drawing in a diverse crowd. Ample parking located at the rear of the property. During the summer months, patrons can enjoy the outdoor patio in the back.This comprehensive property offers a rare opportunity to own a versatile establishment in a thriving community. Whether you're looking to expand your investment portfolio or embark on a new business venture, this property promises both financial reward and potential for growth.
Mls | S8072968 |
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Listing Type | For Sale |
Buildingname | Palace Tavern |
Subtype | Resale |
Status | Active |
Days On Site | 293 |
Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | BackAtYou |
Baths | 5 |
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Basement | Y |
Zoning | Commercial |
State | ON |
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County | Springwater |
City | Springwater |
Zip Code | L0L 1P0 |
Area | Simcoe |
Community Name | Elmvale |
Listing VS Median (in Elmvale) | |
Price: $2,875,000 low | high Med: $0 On Site: 293 low | high Med: |