181 George Street, Wellington North (Arthur) - Business for Sale
181 George Street, Wellington North (Arthur), Ontario, N0G1A0
This business in Wellington North is for sale offering roughly 2,550 sq ft of space.
Description
Own the Business. Own the Building. Stop Paying Rent! A rare opportunity to own a profitable restaurant AND the commercial property-just 1.5 hours from Toronto in a thriving, fast-growing town. Turnkey restaurant (Approx. 1,300 SF) 56 indoor seats + Liquor Licence Fully equipped commercial kitchen Walk-in cooler with newly replaced compressor New AC& new windows throughout the building. Newly renovated facade. Renovation spent closed to $100k! Live Upstairs or Generate Rental Income 4 Bedrooms 2 Bathrooms Separate kitchen Separate entrance! Single Garage at the back. Huge potential! A large surplus lot at the rear offers exciting development potential: Possible lot severance (buyer to verify) Potential for future expansion Direct access to the Foodland parking lot and a shared laneway. Located in a prosperous community with: Three major manufacturing employers! Hundreds of new homes ! Strong local economy and growing customer base! Vendor Take-Back (Seller Financing) Available for qualified buyers. Own your future. Build equity. Unlock development potential. (id:66096)
Property Details
- MLS®
- X13581430
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Interior Size
- 2,550 ft²
- Frontage
- 18 ft
- Building Area
- 2,550 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $4,145/yr
- Listed
- 110 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 110 days on market, against an average age of 78 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 76 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Wellington North (Arthur) 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 (N0G)
This home lists at $788,000, about 9.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $153,924 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
- Median household income
- $83,000
- Population
- 86,935
- Median age
- 40.8
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA N0G)
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$788,000
Wellington North