$325,000
FOR SALE

Business for Sale

Restaurant/Pub

Lot: 35 x 101 ft

32 Arthur Street S
Woolwich, ON N3B 2M7

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 * (id:47421)
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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11924832
Last Updated Feb 14, 2025
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant/Pub
Franchise Non-Franchise
Price History

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Detailed Information
Lot 35 x 101 ft
Listing Contract Date 2025-01-15
Location Description Arthur St S & Church St
# of Parking Spaces 2
Property Type Business
Transaction Type For sale
Zoning Description C-1
Business
Business Type Restaurant
Business Subtype Restaurant/pub
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 4894 square feet
Utility Water Municipal water
Land
Total Size Bldg=35 x 101 FT
Size of Irregular Land Bldg=35 x 101 FT

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