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3 Prospect Avenue, Cobalt, ON

Name: 3 Prospect Avenue, For Sale in Cobalt - eXp Realty
Brand: ROYAL LEPAGE BEST CHOICE REALTY
SKU: T13597924
Price: 294500 CAD

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For Sale

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MLS® T13597924

Property Details
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Description

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:58753)Show Description

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 8800 sqft

Taxes $6,621

Days Active 33

Avg. Price Per Sqft $33

MLS® Number T13597924

Central VacNo

FireplaceNo

HeatForced air, Natural gas

A/CFully air conditioned

Additional Information

Sewage System Other

Landscaping Irregular lot size

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