119 Pembroke Street W, Pembroke, Ontario

$499,900

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5

Baths

3,775

Square feet

About 119 Pembroke Street W

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers. (id:36535)

Features of 119 Pembroke Street W

Listing # X12173107
Price $499,900
Bathrooms 5.00
Square Footage 3,775
Acres 0.00
Type Retail

Community Information

Address 119 Pembroke Street W
Subdivision 530 - Pembroke
City Pembroke
Province Ontario
Postal Code K8A5M7

Amenities

Amenities Recreation
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=24.5 x 99 FT

Listing Details

OfficeCourtesy Of CHRISTINE HALL Of RE/MAX PEMBROKE REALTY LTD.

Listing Map