$325,000
$325,000
For more information regarding the value of a property, please contact us for a free consultation.
32 Arthur ST S Woolwich, ON N3B 2M7
4,894 SqFt
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Sale Of Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,894 sqft
Price per Sqft $66
MLS Listing ID X11924832
Sold Date 05/07/25
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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 *
Location
Province ON
County Waterloo
Area Waterloo
Zoning C-1
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Utilities Available Yes
Building
Lot Description Building
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP