Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

119 Pembroke Street W Pembroke, Ontario K8A 5M7

5 Bathroom 3,775 sqft
Fully Air Conditioned Forced Air

$419,900

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers. (id:67947)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub
Name Bonanza Restaurant

Property Details

MLS® Number X12509664
Property Type Business
Community Name 530 - Pembroke

Building

Bathroom Total 5
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 3775 Sqft
Size Interior 3,775 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 99 Ft
Size Frontage 24 Ft ,6 In
Size Irregular Bldg=24.5 X 99 Ft
Size Total Text Bldg=24.5 X 99 Ft
Zoning Description C-3

https://www.realtor.ca/real-estate/29067279/119-pembroke-street-w-pembroke-530-pembroke

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Christine Hall, RE/MAX Pembroke Realty Ltd. · David Griffiths, RE/MAX Pembroke Realty Ltd. · Carl Zieroth, RE/MAX Pembroke Realty Ltd.

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