ON
Cobalt
P0J1C0
3 Prospect Avenue
3 Prospect Avenue, Cobalt, ON P0J1C0
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Listing Type
Commercial/Industrial
Listing Status
Active
8
$294,500

Home Details for 3 Prospect Avenue

Price
$294,500
Type
Commercial Sale
Listing #
T13597924
Property Description

An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
Listing Courtesy: ROYAL LEPAGE BEST CHOICE REALTY
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EXIT OTTAWA VALLEY REALTY, BROKERAGE
1330 Pembroke Street West, Pembroke, ON K8A 7A3
Office
613 629 3948
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