$1,075,000
Arnprior
26 Elgin Street West, Arnprior, Ontario, K7S1N3
This retail property in Arnprior is for sale offering roughly 6,000 sq ft of space. It has been on the market 14 days, fresher than the Arnprior average of 79 days.
FOR SALE IN ARNPRIOR: 26 Elgin Street West presents a fully renovated, income-producing mixed-use asset with strong operational fundamentals and upside potential. Renovated to the studs, this turnkey three-level commercial building offers approximately 6,000 sq. ft. of functional space.The main floor consists of 2,000 sq. ft. of fully equipped, licensed restaurant and bar space with seating for 70+ patrons and an accessible washroom, providing immediate business continuity or re-tenanting flexibility. Step into a thriving business with strong gross sales averaging $314,773 annually(2023-2025), this restauranteurs dream offers immediate cash flow with business continuity along with the option of further growth in sales. The full-height lower level adds an additional 2,000 sq. ft. with two washrooms and substantial storage, supporting efficient operations and future revenue growth. The upper level features a 2,000 sq. ft. New York-style penthouse with high-end finishes, appliances and a rooftop balcony; offering premium rental income or owner-operator accommodation. Rear parking and ample street parking enhance accessibility. This asset offers multiple revenue streams and flexible use for hospitality, retail, or mixed-use investors seeking a stabilized property with long-term growth potential in a developing market. Driven by the expansion of HIGHWAY 417, Arnprior is recognized as the second fastest growing community in Eastern Ontario and has ranked among the top 10 fastest growing towns in Canada. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 79 days across the listings currently for sale in this city
This retail in Arnprior has been listed for 14 days, which is 65 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,075,000, about 13.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $209,985 (20% down, 25-yr amortization, stress-tested) — roughly 153% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7S)
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