3 Prospect Avenue, Cobalt, Ontario P0J 1C0

Listed for:
$294,500
0 beds
0 baths
Listed 25 days ago
Residential Commercial Mix for rent: 3 Prospect Avenue, Cobalt, Ontario P0J 1C0

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About

Cross Streets: Silver. ** Directions: Right downtown on Hwy 11b. An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity (id:27476)

Property Highlights

MLS® Number
T13597924
Type
Retail
Community Name
Cobalt
Land Size
41.25 x 110 FT

Building

Building Type
Residential Commercial Mix
Square Footage
8800 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE BEST CHOICE REALTY
MLS® number:
T13597924
Agent:
Suzanne Othmer
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