107-109 Wyndham Street, Guelph (Downtown) - Business for Sale
107-109 Wyndham Street, Guelph (Downtown), Ontario, N1H4E9
This business in Guelph is for sale offering roughly 5,400 sq ft of space.
Description
This prime mixed-use investment opportunity at 107-109 Wyndham St N offers an exceptional 5,400 SF of versatile space in the vibrant heart of downtown Guelph. The building features a historic limestone exterior and houses a fully built-out, turn-key restaurant on the main level complemented by a stylish basement speakeasy. The 1,950 SF main floor is equipped with a professional-grade kitchen, full bar, and a signature garage-style window system that opens directly onto the street to create a premier indoor-outdoor dining experience. With a liquor license already in place for 90 patrons on the main level and an additional 35 in the lower level, this vacant commercial space is perfectly positioned for an owner-operator or a high-profile tenant to begin operations immediately.The upper level of the property features a lodge-style residential suite that provides a steady and reliable income stream independent of the commercial operations. This residential space includes five legal rooms, a spacious common living area, a full kitchen, and two washrooms. While the current net operating income of $62,166 is based on extremely conservative commercial estimates, it is important to note that this figure does not account for the two currently vacant residential rooms. Filling these vacancies could conservatively add an additional $17,000 in annual income, bringing the potential net operating income to approximately $79,166. 107-109 Wyndham St N represents a rare turn-key asset that balances immediate hospitality potential with stabilized residential returns. The commercial and residential units benefit from separate entrances, ensuring full operational independence for all occupants. Whether you are looking to establish a restaurant as an owner operator or seeking a diversified investment with significant revenue upside, this property stands as one of the most compelling opportunities in the Guelph market. (id:66096)
Property Details
- MLS®
- X12955884
- Property Type
- Business
- Zoning
- D.1-1
- Parking
- 1
- Interior Size
- 5,400 ft²
- Lot Size
- 22 × 105 ft (2,296 sq ft)
- Frontage
- 21 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $26,700/yr
- Listed
- 217 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 217 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Guelph (Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1H)
This home lists at $1,195,000, about 15.5× the local median household income of $77,000.
Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 203% above the area median.
- Median household income
- $77,000
- Population
- 42,178
- Median age
- 41.2
- Owner / renter
- 54% / 46%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N1H)
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$1,195,000
Guelph