$499,900

260 N Pinewood Park Drive

North Bay ON, P1B 8Z4

Description

Well Establish Reputable Family Restaurant And Bar In A High Traffic Area. New Casino And Arena Being Built Next Door ,It Offers Brand New Equipment And Furnishing; Handicap Access 198 Seats Total Including Bar(42) 10 Year Lease At A Very Good Rate, Current Revenue Exceeds 1 Million A Year That Is Without Casino And Arena Being Built . Incredible Opportunity , Owner Is Looking To Retire Financing Available To Reliable Operator Restaurant And Bar Has A Current Revenue Over 1 Million , Open 6 Days A Week And Early Nights, Could Be Open 7 Days And Longer Hours For Higher Revenue , Lease Is 7,500 Mth, Taxes To Landlord 851.28.Lease Is 5 + 5 With Another 10 Years

Details

MLS#30785425
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site7

Features

SQ Feet6,000
Story(s)0

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Area Information

ProvinceON
CountyNipissing
CityNorth Bay
Postal CodeP1B 8Z4
AreaNorth Bay
Listing VS Median (in P1B 8Z4)
Price:
$499,900
low | high
Med:
$499,900
50% of Average
SqFt:
6,000
low | high
Med:
6,000
50% of Average
$ / SqFt:
$83
low | high
Med:
$83
50% of Average
On Site:
7
low | high
Med:
7
100% of Average
Listing Updated: 01/22/2020
MLS Number: 30785425
Listing Provided By:
Carole Perron  of  Sutton Group Incentive Realty Inc. Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by ONTARIO REGIONAL TECHNOLOGY & INFORMATION SYSTEMS INC. (ORTIS)