Address not available, Thessalon - Business for Sale
Thessalon, Ontario, P0R1L0
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
Long Listed: 176 days on market, against an average age of 87 days across the listings currently for sale in this city
This business in Thessalon 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 (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)
Book a showing
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Buying this business?
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Thessalon
