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Saturday, June 20th, 2026

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$350,000
Available - For Sale
Listing ID: X12601894
This is a fantastic opportunity for someone looking to invest in a commercial property in Downtown Chesley! This Historic brick building has both commercial & residential spaces with multiple options. Enjoy the benefits with three steady revenue streams!! The main floor restaurant is leased as Restaurant space and recently renovated with new flooring, signage and seating area with dining counter, Hot Table and cold display case. A welcome Breakfast spot in town. Fully equipped with a walk-in cooler, fire suppression system, gas stove, double ovens, freezer, and prep area. Office, Basement storage space and convenient back access for deliveries. Electric Furnace Forced air, 200 amp service. Two occupied apartments upstairs with steady stream of rental income. One 2 bedroom and one 1 bedroom, each with their own laundry. Baseboard Heating, separate hydro meters and Hot water tanks upgraded in 2019. Water billed separately and currently paid by the landlord. Chesley is a busy town with plenty of opportunities, and just a short drive Owen Sound, surrounding towns and Lake Huron. This property provides a great balance of commercial potential and residential income, all in a welcoming community near major employment opportunities. High cap rate of just under 10% with all three spaces leased. All equipment/appliances as is. Pictures show restaurant space prior to current lease renovations which have new flooring and dining space.
Price $350,000
Taxes: $1,940
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 99 1st Avenue South , Arran-Elderslie, N0G 1L0, Bruce
Postal Code: N0G 1L0
Province/State: Bruce
Directions/Cross Streets: SE of 1st Ave & 2nd St Downtown
No. of Pieces Level
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Washroom 30:  0
Category: Service
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 3,245
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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COLDWELL BANKER THE REAL ESTATE CENTRE

99 1st Avenue South , Arran-Elderslie, N0G 1L0, Bruce

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: Bruce
Municipality: Arran-Elderslie
Neighbourhood: Arran-Elderslie
Style:
Lot Size: x 177.95(Feet)
Approximate Age:
Tax: $1,940
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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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