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$100,000
For sale

287 Wellington Main Street, Prince Edward County (Wellington) - Business for Sale

287 Wellington Main Street, Prince Edward County (Wellington), Ontario, K0K3L0

Listed 52 days ago
Overview

This business in Prince Edward County is for sale. It has been on the market 52 days, fresher than the Prince Edward County average of 119 days.

Description

Bar Duchess offers an exciting opportunity to take over a successful cocktail bar and lounge in the heart of Wellington, one of Prince Edward County's most vibrant and sought after communities. Stylish, intimate and full of personality, this established business has created a destination for expertly crafted cocktails, great music and evenings that carry on long after dinner. With strong demand in Wellington for a quality late night gathering place, Bar Duchess occupies a valuable niche in a community known for its thriving restaurant, winery and tourism scene. The inviting atmosphere appeals equally to County locals, weekend visitors and tourists looking for somewhere to gather, unwind and enjoy the evening. For an entrepreneur, hospitality operator or investor looking to step into an established concept with a loyal following, this is a rare chance to acquire a distinctive business with momentum, character and plenty of opportunity for its next chapter. (id:66096)

Property Details

MLS®
X13785108
Property Type
Business
Business Type
Restaurant
Zoning
C1
Frontage
27 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
52 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
52d
Prince Edward County (Wellington) listings, avg age
119d
List price
$100K

Long Listed: 52 days on market, against an average age of 119 days across the listings currently for sale in this city

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Prince Edward County (Wellington) has been listed for 52 days, which is 67 days fresher than the city average of 119. Act while there is still low competition.

Listed by Chestnut Park Real Estate Limited · Rob Good

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $100,000, about 1.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $19,534 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$83,000
Population
115,850
Median age
50.8
Owner / renter
86% / 14%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$100,000
For sale

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Financing

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$100,000

Prince Edward County

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