FULLY TENANTED - MIXED COMMERCIAL BUILDING FOR SALE, IN THE HEART OF WESTPORT, ONTARIO! WESTPORT IS A TOURIST TOWN ON THE UPPER RIDEAU, WHICH BRINGS TRAVELLERS THROUGHOUT THE YEAR. THE OWNER HAS OPERATED A VERY SUCCESSFUL RESTAURANT BUSINESS FROM PART OF THIS BUILDING FOR 47 YEARS. THE BUILDING OFFERS A 4200 SQ.FT. RESTAURANT CURRENTLY WITH A 5 YEAR LEASE TO MILANOS; 700 SQ.FT. OFFICE SPACE, CURRENTLY RENTED; AND A 700 SQ.FT. ONE BEDROOM APARTMENT THAT IS CURRENTLY RENTED. MONTHLY INCOME: $5900. LIQUOR LICENSE FOR 212 PEOPLE IN THE RESTAURANT. FULL KITCHEN, SEPARATE 900 SQ.FT. AREA FOR PRIVATE OCCASIONS. ALL FURNITURE AND FIXTURES INCLUDED. Seller will consider a Vendor Take Back for 50% of the financing, to a qualified Buyer. 7% CAP Rate before expenses. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
