$289,900
Addington Highlands
12269 Highway 41 Highway, Addington Highlands (Addington Highlands), Ontario, K0H2G0
This retail property in Addington Highlands is for sale. It has been on the market 29 days, fresher than the Addington Highlands average of 124 days.
A fantastic opportunity to bring a much-needed gathering place to the community of Northbrook! With very few sit-down dining options in the area, this property offers exciting potential for an entrepreneur looking to create a welcoming restaurant, caf, family eatery, or local destination. The spacious dining area can comfortably accommodate approximately 30 guests and is complemented by a sizeable kitchen, additional storage rooms, and a dedicated office area. Dinnerware and restaurant equipment are included, giving you a great head start toward bringing your vision to life. With some minor inspections, setup, and personal touches, the space could be ready to welcome locals, cottagers, travellers, and visitors looking for a place to sit down, enjoy a meal, and gather with friends and family. An added bonus is the opportunity to live and operate your business all in one location. The building also features a spacious one-bedroom apartment with a functional, comfortable layout, which is currently tenanted and provides additional income potential. Whether you are dreaming of opening a cozy neighbourhood restaurant, country-style caf, or creating your own unique hospitality concept, this property offers the space, equipment, and location to get started. Bring your ideas and help create a new local favourite in the heart of Northbrook! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 124 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 90 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Addington Highlands (Addington Highlands) has been listed for 29 days, which is 95 days fresher than the city average of 124. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $289,900, about 3.2× the local median household income of $92,000.
Carrying it typically needs a household income of about $56,628 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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