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39 Bedford Street Westport, Ontario K0G 1X0

4900 sqft

$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:48621)

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