Providing Solutions 20 Gore Street, Suite 102 Kingston, Ontario K7L 2L1 www.rtcr.com All information provided is deemed reliable but is not guaranteed and should be independently verified. Sale Price: Available Area: Zoning: Water/Sewer: 5 & 9 Water Street, Elgin, Ontario $385,000 | 2,660 + SF | Investment Property Kostas Doulas Broker of Record 613-384-1997 ext. 17 [email protected]Stephen Gray Sales Representative 613-384-1997 ext. 19 [email protected]$385,000 Over 2,660 SF 1,460 SF (Restaurant) > 1,200 SF (Separate Building > with office space) Plus 3-bedroom apartment > space above the restaurant) CL Bored Well/Holding Tank FOR SALE PROPERTY FEATURES Ÿ Enjoy country life with an established and profitable restaurant/pizzeria with existing income Ÿ Also includes one 3-bedroom apartment above and a separate building (occupied by the same tenant for many years) Ÿ Abutting vacant lot may also be purchased for an additional $50,000 Ÿ To qualified buyers, a first VTB may be possible. For financial and other information, please contact the listing agents to sign a Confidentiality Agreement LIVE AND WORK WITH RENTAL INCOME, ALL IN ONE LOCATION Restaurant & Apartment Separate Building/Office Space
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FOR SALE Elgin, Ontario $385,000 | 2,660 + SF | Investment ... · 5.07.2018 · 5 & 9 Water Street, Elgin, Ontario $385,000 | 2,660 + SF | Investment Property Kostas Doulas Broker
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Providing Solutions20 Gore Street, Suite 102Kingston, OntarioK7L 2L1www.rtcr.com
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Sale Price:
Available Area:
Zoning:
Water/Sewer:
5 & 9 Water Street, Elgin, Ontario$385,000 | 2,660 + SF | Investment Property
Over 2,660 SF 1,460 SF (Restaurant)> 1,200 SF (Separate Building > with office space) Plus 3-bedroom apartment > space above the restaurant)
CL
Bored Well/Holding Tank
FOR SALE
PROPERTY FEATURES
Ÿ Enjoy country life with an established and profitable restaurant/pizzeria with existing income
Ÿ Also includes one 3-bedroom apartment above and a separate building (occupied by the same tenant for many years)
Ÿ Abutting vacant lot may also be purchased for an additional $50,000
Ÿ To qualified buyers, a first VTB may be possible. For financial and other information, please contact the listing agents to sign a Confidentiality Agreement
LIVE AND WORK WITH RENTAL INCOME, ALL IN ONE LOCATION
Restaurant & Apartment
Separate Building/Office Space
All information provided is deemed reliable but is not guaranteed and should be independently verified.
FOR SALE
PROPERTY DETAILS
ZONING
6.2 Local Commercial (CL) Zone
1. Permitted Uses
Ÿ Accessory dwelling Ÿ Accessory dwelling unitŸ Antique shop Ÿ Bank Ÿ Bed and breakfast Ÿ Clinic Ÿ Community service Ÿ Custom workshop Ÿ Open market (#2016-36 – July, 2016) Ÿ Personal service Ÿ Professional or business office Ÿ Retail store Ÿ Restaurant Ÿ Single dwelling
Source: Township of Rideau Lake
RECENT UPGRADES
Many Recent Upgrades Include:
Ÿ New steel roof (2012)Ÿ New propane tank (service providers)Ÿ New flooring in restaurant
(entranceway)Ÿ New windowsŸ New air conditioning (3 years ago)Ÿ New stove and fryer (3 years ago)
WATER
STR
EET KIN
GSTO
N STREETProperty
Location Available Vacant
Lot
*outline is approximate
Restaurant/Apartment Rear Separate Building/Offices Rear
$385,000 | 2,660 + SF | Investment Property
5 & 9 Water Street, Elgin, Ontario
All information provided is deemed reliable but is not guaranteed and should be independently verified.