Jag Patel
Broker
$1,499,000
Available - For Sale
Listing ID: S12489646
1726 Earl Haid Avenue , Severn, L0K 1E0, Simcoe
| Rare Opportunity To Own The Well-Known River House Restaurant, Ideally Located In Severn Falls Directly On The Trent-Severn Waterway. Positioned Along A Highly Visible Waterfront Location With Direct Boat Access And Steady Year-Round Traffic, This Unique Commercial Property Can Offer Multiple Revenue Streams And Exceptional Future Potential. The Restaurant Building Has Been Well Maintained With Significant Capital Upgrades, Including Waterloo Biofilter Septic System, New Roof, New Waterfront Patio And A Whole Building Backup Generator, Making It A Turn-Key Business Opportunity Or Versatile Commercial Investment. Offering A Fully Equipped Commercial Kitchen, Bar Area, Dining Space, Storage And Mechanical Areas, This Property Is Designed For Efficiency And Continued Growth. The Zoning Allows A Wide Range Of Permitted Uses, Including Restaurant, Retail, Tourism, And Potential Redevelopment Options. With Waterfront Access, This Rare Property Also Lends Itself To Hospitality Expansion Or Continued Profitable Operation As A Restaurant With Living Quarters Above, The Perfect Live/Work Situation. Located Just 20 Minutes To Highway 400 And Easily Accessible By Road Or Boat, Severn Falls Is A Popular Destination For Cottagers, Snowmobilers, Boaters And Tourists. This Is An Excellent Opportunity For Entrepreneurs, Investors Or Developers Looking For A Strong Foothold In A High-Demand Waterfront Community. Property, Business, Equipment And Chattel Package All In One. Do Not Miss This Exceptional Opportunity On The Trent-Severn. |
| Price | $1,499,000 |
| Taxes: | $6173.97 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 1726 Earl Haid Avenue , Severn, L0K 1E0, Simcoe |
| Postal Code: | L0K 1E0 |
| Province/State: | Simcoe |
| Legal Description: | See Schedule C |
| Directions/Cross Streets: | Upper Big Chute Rd & Earl Haid Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | T |
| Total Area: | 10796.19 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | V |
| Hours Open: | Varies |
| Employees #: | 6 |
| Seats: | 71 |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
| Water: | Lake/Rive |
| Water Supply Types: | Lake/River |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Simcoe |
| Municipality: | Severn |
| Neighbourhood: | Coldwater |
| Tax: | $6,173.97 |
| Baths: | 3 |
| Fireplace: | N |
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