141 Wyndham St North Street, Guelph (Downtown) - Business for Sale
141 Wyndham St North Street, Guelph (Downtown), Ontario, N1H4E9
This business in Guelph is for sale offering roughly 3,009 sq ft of space.
Description
An exceptional opportunity to own the **Historic Diana Indian Restaurant**, a well-established and recognizable destination in the heart of Downtown Guelph. Located on one of the city's most sought-after and busiest streets, this prime property benefits from outstanding visibility, constant pedestrian traffic, and strong surrounding commercial activity, making it a true cornerstone location in Guelph's vibrant downtown core.With lots of parking and significant growth and revitalization taking place throughout Downtown Guelph, including new residential developments, increased density, and ongoing infrastructure improvements, this property is perfectly positioned to capitalize on the area's continued expansion. Property comes with many new appliances including fridge, stove, tandoor, upgrades including lighting, fresh paint, brand new floors. It also features multiple walk in fridges and freezers perfect for storage. The steady influx of residents, professionals, and visitors further enhances the long-term value and income potential of this location.Spanning over 3,000 square feet, the space offers a versatile layout that can accommodate a wide range of dining concepts or be reconfigured to suit alternative uses, subject to approvals. Whether you're looking to continue the legacy of a well-known restaurant, introduce a new culinary brand, or reposition the space for another permitted use, the flexibility here provides endless possibilities for both investors and owner-operators alike.This is an ideal opportunity for a savvy investor seeking a high-exposure asset in a rapidly growing market, or for an end user looking to establish a presence in one of Guelph's most dynamic and desirable locations. Rarely do properties with this level of history, visibility, and future upside become available in the downtown core. Change of cuisine possible. Lots of seating available with potential to add more. Secure your place in the future of Downtown Guelph today! (id:66096)
Property Details
- MLS®
- X13637602
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL Restaurant
- Interior Size
- 3,009 ft²
- Frontage
- 45 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 93 days ago
Features
- Appliances
- All, Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 93 days on market, against an average age of 66 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 $160,000, about 2.1× the local median household income of $77,000.
Carrying it typically needs a household income of about $31,254 (20% down, 25-yr amortization, stress-tested) — within reach of 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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$160,000
Guelph