ON > West Nipissing
West Nipissing, ON P2B 2H9,169 Front ST
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West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 2,099,000
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169 Front ST West Nipissing, ON P2B 2H9

28,237 SqFt

UPDATED:

12/05/2024 02:36 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 28,237 sqft

Price per Sqft $74

MLS Listing ID X11824256

Annual Tax Amount $42,834

Tax Year 2024

Property Description

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.

Location

Province ON

County Nipissing

Area Nipissing

Interior

Cooling Yes

Exterior

Garage Spaces 65.0

Utilities Available Yes

Others

Security Features Yes

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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169 Front ST