39 Bedford Street Westport, Ontario K0G 1X0
$949,000
FULLY TENANTED - MIXED COMMERCIAL BUILDING FOR SALE, IN THE HEART OF WESTPORT, ONTARIO! WESTPORT IS A TOURIST TOWN ON THE UPPER RIDEAU, WHICH BRINGS TRAVELLERS THROUGHOUT THE YEAR. THE OWNER HAS OPERATED A VERY SUCCESSFUL RESTAURANT BUSINESS FROM PART OF THIS BUILDING FOR 47 YEARS. THE BUILDING OFFERS A 4200 SQ.FT. RESTAURANT CURRENTLY WITH A 5 YEAR LEASE TO MILANOS; 700 SQ.FT. OFFICE SPACE, CURRENTLY RENTED; AND A 700 SQ.FT. ONE BEDROOM APARTMENT THAT IS CURRENTLY RENTED. MONTHLY INCOME: $5900. LIQUOR LICENSE FOR 212 PEOPLE IN THE RESTAURANT. FULL KITCHEN, SEPARATE 900 SQ.FT. AREA FOR PRIVATE OCCASIONS. ALL FURNITURE AND FIXTURES INCLUDED. Seller will consider a Vendor Take Back for 50% of the financing, to a qualified Buyer. 7% CAP Rate before expenses. (id:43934)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant |
Property Details
| MLS® Number | 1359164 |
| Property Type | Business |
| Neigbourhood | Westport |
| Parking Space Total | 10 |
Building
| Constructed Date | 1987 |
| Size Interior | 4900 Sqft |
Land
| Acreage | No |
| Size Depth | 135 Ft |
| Size Frontage | 77 Ft |
| Size Irregular | 77 Ft X 135 Ft (irregular Lot) |
| Size Total Text | 77 Ft X 135 Ft (irregular Lot) |
| Zoning Description | Ctnd & Rtep |
https://www.realtor.ca/real-estate/26023390/39-bedford-street-westport-westport
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April 24 2024 04:25:39
Rideau - St. Lawrence Real Estate Board
Realty Executives Real Estate Ltd