#4 1161 Pelham Street, Pelham (Fonthill) - Business for Sale
#4 1161 Pelham Street, Pelham (Fonthill), Ontario, L3C6Z9
This business in Pelham is for sale offering roughly 1,606 sq ft of space.
Description
Turn-key restaurant and catering business opportunity in a high-traffic location! Business only. Includes a lease with approximately 4 years remaining, offering stability for a new owner. This established operation is profitable and fully equipped, with extensive updates already completed, allowing you to step in and start generating income from day one. An excellent opportunity for an owner-operator or entrepreneur looking to build on a successful foundation and grow the business to its full potential. The hard work has been done-now it's ready for your vision to take it to the next level. (id:66096)
Property Details
- MLS®
- X13503680
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CL
- Bathrooms
- 2
- Interior Size
- 1,606 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $9,003/yr
- Listed
- 128 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 128 days on market, against an average age of 77 days across the listings currently for sale in this city
This business in Pelham (Fonthill) 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 (L3C)
This home lists at $98,765.43, about 1.3× the local median household income of $78,500.
Carrying it typically needs a household income of about $19,292 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $78,500
- Population
- 33,462
- Median age
- 45.6
- Owner / renter
- 73% / 27%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L3C)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →$98,765.43
Pelham
