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1287 Madison Street

Severn, ON L3V 0V1
  • $349,999
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 40483264
UPDATED: 87 min ago
$349,999
  • 0
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,321
    SQFT
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

An excellent opportunity awaits to own and operate your very own restaurant! This thriving restaurant, located near Orillia in Silver Creek Estates, is seeking new ownership as the current owner plans to retire. The sale includes the building, chattels, fixtures, and restaurant equipment. The restaurant can accommodate seating for both indoor and outdoor dining, with 20 seats available outside and a capacity of 28 inside, licensed by the LCBO (for 28 inside and 12 Outside). The land lease fee includes water & Sewer and property taxes. The property has undergone several upgrades and improvements over the years, including a metal roof, electrical enhancements, furnace upgrades, A/C improvements, and more!

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T11:32:21.72.
www.manarealty.ca/homes/143381157
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1287 Madison Street Severn, ON L3V 0V1

  • Price: $349,999
  • Status: Active
  • On Site: 14 Days
  • Updated: 87 min ago
  • MLS #: 40483264
0
Beds
0
Baths
0
½ Baths
< 0.5
Acres
1,321
SQFT
$265
$/SQFT
Neighbourhood:
Se53 - Rural Severn
County:
Simcoe County
Area:
Severn
Property Description
An excellent opportunity awaits to own and operate your very own restaurant! This thriving restaurant, located near Orillia in Silver Creek Estates, is seeking new ownership as the current owner plans to retire. The sale includes the building, chattels, fixtures, and restaurant equipment. The restaurant can accommodate seating for both indoor and outdoor dining, with 20 seats available outside and a capacity of 28 inside, licensed by the LCBO (for 28 inside and 12 Outside). The land lease fee includes water & Sewer and property taxes. The property has undergone several upgrades and improvements over the years, including a metal roof, electrical enhancements, furnace upgrades, A/C improvements, and more!
Exterior Features

Acres Range < 0.5 Attached Garage YN No Carport YN No Commercial Doors Count 0 Construction Materials Vinyl Siding Crops Included YN No Direction Faces West Docking YN No Foundation Details Post & Pad Frontage Length 130.00 Garage YN No Lot Features RectangularHighway AccessMajor HighwayShopping Nearby Parking Features Asphalt Waterfront YN No

Interior Features

Basement None Cooling YN No Fireplace YN No Kitchens Total 0

Property Features

Assessment Year 2023 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Other Cross Street Madison &) Division Electric On Property YN Yes Land Lease Amount 817.47 Land Lease YN Yes New Construction YN No Number Of Apartment Units 0 Property Sub Type RetailCommercial Senior Community YN No Sewer Shared Transaction Type Sale Utilities Electricity ConnectedGarbage/Sanitary CollectionNatural Gas ConnectedRecycling Pickup Water Source Community Well Zoning Mhr

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Steve Stoutt of Re/Max Right Move Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T11:32:21.72.
 
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