An iconic investment property is available in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with several income streams including 16 apartments, 3 commercial units, 1 bar, 1 restaurant, 1 banquet hall and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. Included in the sale is a single family home, zoned C2, which sits adjacent to this property on a 66x132 foot lot. **** EXTRAS **** * 16 Apartments * 3 tenanted commercial units * 1 restaurant * 1 bar * 1 banquet hall * 1 drive thru * 1 single family home * 1 storage unit * LLBO = 441 * ample parking * pylon signage * and so much more * (id:47421)
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Detailed Information
Lot
264 x 195.5 ft
Listing Contract Date
2024-12-02
Location Description
FRONT ST & MICHAUD ST
# of Parking Spaces
65
Property Type
Retail
Transaction Type
For sale
Zoning Description
C2
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
264.01 x 195.5 FT
Size of Irregular Land
264.01 x 195.5 FT
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