3 Prospect Avenue, Cobalt, Ontario

$294,500

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8,800

Square feet

About 3 Prospect Avenue

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:36535)

Features of 3 Prospect Avenue

Listing # T13597924
Price $294,500
Bathrooms 0.00
Square Footage 8,800
Acres 0.00
Type Retail

Community Information

Address 3 Prospect Avenue
Subdivision Cobalt
City Cobalt
Province Ontario
Postal Code P0J1C0

Amenities

Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 41.25 x 110 FT

Listing Details

OfficeCourtesy Of ROYAL LEPAGE BEST CHOICE REALTY

Listing Map