Woolwich, ON N3B 2M7,32 Arthur ST S
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Woolwich, ON N3B 2M7,32 Arthur ST S
Woolwich, ON N3B 2M7,32 Arthur ST S
Woolwich, ON N3B 2M7,32 Arthur ST S
Woolwich, ON N3B 2M7,32 Arthur ST S

$325,000

Est. payment /mo

$325,000

Est.Price: ?

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32 Arthur ST S Woolwich, ON N3B 2M7

4,894 SqFt

SOLD DATE : 05/07/2025

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

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Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
agent

Max Hahne

Broker | License ID: 2053955

+1(705) 441-5800

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