haho.ca
$475,000
For sale

Address not available, Thessalon - Business for Sale

Thessalon, Ontario, P0R1L0

1,400 ft²Listed 176 days ago
Overview

This business in Thessalon is for sale offering roughly 1,400 sq ft of space.

Description

Step into the heart of small-town hospitality with this well-established family homestyle cooking restaurant, proudly operated by the same owners for the past 27 years. Known throughout the community for its welcoming atmosphere, homemade meals, and loyal customer base, this is the kind of place where everyone knows your name and visitors quickly feel like regulars. This thriving business offers exceptional income potential with a strong reputation built over decades of community support and repeat clientele. Situated on a large lot, the property also features a garage and ample space for expansion or future development. Whether you envision additional seating, a catering kitchen, retail space, rental units, or another income-generating venture, the possibilities are endless. The property presents exciting opportunities for passive income and long-term growth while continuing to operate a beloved local staple. Community driven and full of charm, this is more than just a restaurant - it’s a destination where families gather, stories are shared, and traditions continue. A rare opportunity to own a successful business with deep roots, endless potential, and a true hometown feel. (id:66096)

Property Details

MLS®
SM260976
Property Type
Business
Business Type
Restaurant
Interior Size
1,400 ft²
Basement
Crawl space
Heating
Forced air, Natural gas
Garage
Other, Gravel
Property Tax
$2,580/yr
Listed
176 days ago

Features

Exterior
Vinyl, Siding
Lot Features
Corner Site

Services

Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
176d
Thessalon listings, avg age
87d
Price / ft²
$339
List price
$475K

Long Listed: 176 days on market, against an average age of 87 days across the listings currently for sale in this city

Haho

This business in Thessalon is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Exit Realty True North · Krissie Lamoureux

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0R)

This home lists at $475,000, about 6.9× the local median household income of $68,500.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income
$68,500
Population
12,976
Median age
54.8
Owner / renter
83% / 17%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA P0R)

$475,000· $339/ft²
For sale

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Financing

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$475,000

Thessalon

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