$219,900
Timmins
56 Second Avenue, Timmins (TS - SE), Ontario, P4N1E5
This retail property in Timmins is for sale offering roughly 2,200 sq ft of space. It has been on the market 68 days, fresher than the Timmins average of 81 days.
This Building is currently being leased for $2700 plus heat and hydro and has signed a 3 year lease on January 1, 2026!!!!!Turnkey Restaurant Opportunity in Prime Location This fully equipped restaurant is ready for business! Situated in a bustling area near popular bars and hotels, this location offers excellent foot traffic and a built-in customer base. Key Features: Fully Furnished: Includes tables, chairs, and all necessary furnishings. Complete Kitchen Setup: Cooking equipment, refrigerators, and more are included, saving you time and investment. Convenient Prep Area: Dedicated preparation space located in the basement for efficient workflow. Perfect for an experienced restaurateur or an entrepreneur looking to enter the hospitality industry, this property is an exceptional opportunity to establish or expand your brand. **EXTRAS** Mpac 411, Yearly gas $2500, Hydro yearly $2400, Water and Sewer $1730 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Timmins (TS - SE) has been listed for 68 days, which is 13 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $219,900, about 3.0× the local median household income of $73,500.
Carrying it typically needs a household income of about $42,954 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P4N)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →