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$ 1,169,000
Est. payment | /mo
4 Baths
6,000 SqFt
$ 1,169,000
Est. payment | /mo
4 Baths
6,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6000
Square Footage 6,000 sqft
Price per Sqft $194
Subdivision 550 - Arnprior
MLS® Listing ID X13543496
Property Description
FOR SALE IN ARNPRIOR: 26 Elgin Street West presents a fully renovated, income-producing mixed-use asset with strong operational fundamentals and upside potential. Renovated to the studs, this turnkey three-level commercial building offers approximately 6,000 sq. ft. of functional space.The main floor consists of 2,000 sq. ft. of fully equipped, licensed restaurant and bar space with seating for 70+ patrons and an accessible washroom, providing immediate business continuity or re-tenanting flexibility. Step into a thriving business with strong gross sales averaging $314,773 annually(2023-2025), this restauranteurs dream offers immediate cash flow with business continuity along with the option of further growth in sales. The full-height lower level adds an additional 2,000 sq. ft. with two washrooms and substantial storage, supporting efficient operations and future revenue growth. The upper level features a 2,000 sq. ft. New York-style penthouse with high-end finishes, appliances and a rooftop balcony; offering premium rental income or owner-operator accommodation. Rear parking and ample street parking enhance accessibility. This asset offers multiple revenue streams and flexible use for hospitality, retail, or mixed-use investors seeking a stabilized property with long-term growth potential in a developing market. Driven by the expansion of HIGHWAY 417, Arnprior is recognized as the second fastest growing community in Eastern Ontario and has ranked among the top 10 fastest growing towns in Canada. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Other,
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by ROYAL LEPAGE TEAM REALTY
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864D 8th Street, Kamloops, BC, V2B 2X3, CAN
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