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Saturday, May 18th, 2024

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$749,000
Available - For Sale
Listing ID: X8272640
Excellent business opportunity in the Land O Lakes region can be found in this long standing country restaurant. Ideally located minutes from Hwy 7 and on busy Hwy 41 this family style restaurant is licensed and ready to go. With excellent traffic count and popular Bon Echo Provincial Park en route this is easily accessible year round to tourists, locals, cottagers and trail enthusiasts. This owner operated business has been serving clients for more than 20 years. The property features convenient in/out parking and has an additional seasonal dining room as well as outdoor patio seating. The interior is full of warmth and charm. The kitchen is very well equipped, well maintained and clean, representing a professional and warm approach to serving guests. Additional income can be derived from the onsite 3 bedroom apartment or choose to call it your own while you build equity. Don't miss the opportunity to be part of this growing community and enjoy a rural lifestyle read to live, work and play. Welcome to the Land O Lakes.
Price $749,000
Taxes: $5,405
Tax Type: Annual
Assessment: $210000
Assessment Year: 2024
Occupancy by: Tenant
Address: 11893 Highway 41 , Addington Highlands, K0H 1Z0, Ontario
Postal Code: K0H 1Z0
Province/State: Ontario
Legal Description: PT LT 24 CON 7 KALADAR PT 1 29R1794 TOWN
Lot Size: 298.42 x 150 (Feet)
Directions/Cross Streets: Highway 7 To Highway 41 To Property
Zoning: C2
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 4,839
Total Area Code:  Acres
Office/Appartment Area: 993
Office/Appartment Area Code: Sq Ft
Retail Area: 3846
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Approximatly Age: 31-50
Business/Building Name: Addison's Restaurant
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: V
Employees #: 4
Seats: 90
LLBO: Y
Sprinklers: N
Clear Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Well
Water Supply Types: Drilled Well
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ROYAL LEPAGE PROALLIANCE REALTY

11893 Highway 41 , Addington Highlands, K0H 1Z0, Ontario

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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Type: Com - Commercial/Retail
Area: Lennox & Addin
Municipality: Addington Highlands
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Lot Size: 298.42 x 150.00(Feet)
Approximate Age: 31-50
Tax: $5,405
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com