For Sale

32 Arthur Street, Woolwich, Ontario N3B2M7

$325,000

32 Arthur Street, Woolwich, Ontario N3B2M7 is For Sale and has a listing price of 325,000. The property is located in the Woolwich neighbourhood. It's been on the website for 37 Days.

  • Business
    Property Type
  • 2
    Parking Spaces
  • MLS ID: X11924832
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.,ROYAL LEPAG
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 * (id:43137)

Property Details
  • MLS ID: X11924832
  • Price: $325,000
  • Transaction Types: For Sale
  • Ref ID: 27805178
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
01/15/2025 X11924832 $325,000 For Sale - -
06/13/2024 X8440332 $1,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Woolwich
  • $1,134,102 Average List Price
    based on 1 year
  • 41 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 57.11 % Up
  • Sold (12mo) 77
  • Rented (12mo) 10

  • 1 Month Change +28.0%
  • 3 Month Change +21.4%
  • 6 Month Change +11.5%
Walkscore
Property Type Distribution
  • All Houses
    88.52%
  • Commercial
    10.03%
  • Condo
    0.9%
  • Land for Sale
    0.55%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 2
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/01/2025 00:00:00
  • Zoning A6
  • Agent Name: JASON KLEYN,SAMIRA KLEYN
  • Last Updated: 14/02/2025 16:08:11
Open House Dates
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