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$ 499,900
Est. payment /mo
Active
119 Pembroke ST W Pembroke, ON K8A 5M7
5 Baths
3,775 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,775 sqft
Price per Sqft $132
Subdivision 530 - Pembroke
MLS Listing ID X12173107
Building Age 51-99
Annual Tax Amount $4,338
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers.
Location
State ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Zoning C-3
Interior
Cooling Yes
Inclusions Chattel List Available
Exterior
Community Features Recreation/Community Centre
Utilities Available Available
Lot Frontage 24.5
Lot Depth 99.0
Others
Security Features No
Listed by RE/MAX PEMBROKE REALTY LTD.