5104 Highway 138 Highway, South Stormont - Business for Sale
5104 Highway 138 Highway, South Stormont, Ontario, K0C2A0
This business in South Stormont is for sale. It has been on the market 42 days, fresher than the South Stormont average of 91 days.
Description
Opportunity awaits at Mo's Diner, a well-known local restaurant and established business in South Stormont, Ontario. Located in a convenient and accessible area serving the surrounding community and Cornwall region, this turn-key diner offers an exciting opportunity for an entrepreneur, chef, investor, or owner-operator looking to step into an established food-service business. Mo's Diner offers the charm and familiarity of a true local gathering place, with a loyal customer base and a welcoming atmosphere that keeps guests coming back. From casual breakfasts and lunches to coffee and conversation, the diner has become part of the community and offers a strong foundation for its next chapter. The business is equipped for restaurant operations, with a commercial kitchen and the infrastructure needed to continue operating as a diner or restaurant. A new owner can build on the existing concept while bringing their own ideas, menu, branding, and vision to the business. Whether you're looking to own your first restaurant, expand an existing food-service operation, or take over an established local favorite, Mo's Diner presents an opportunity to build on an existing presence rather than starting from scratch. Located in South Stormont, close to Cornwall and surrounding communities, this restaurant offers visibility, accessibility, and the opportunity to become the next chapter in a business with a place in the local community. Mo's Diner is ready for its next owner. Bring your vision, make it your own, and continue the story. 72hrs Irrevocable. Property must be purchased with the business. MLS#X13817674 (id:66096)
Property Details
- MLS®
- X13817696
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CG-1
- Lot Size
- 152 × 306 ft (1.06 acres)
- Frontage
- 151 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $6,179/yr
- Listed
- 42 days ago
Market Timing
Extended: 42 days on market, against an average age of 91 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 60 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in South Stormont has been listed for 42 days, which is 49 days fresher than the city average of 91. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0C)
This home lists at $300,000, about 3.6× the local median household income of $84,000.
Carrying it typically needs a household income of about $58,601 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $84,000
- Population
- 52,838
- Median age
- 48.4
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0C)
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$300,000
South Stormont