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Home ON Greater Pembroke Pembroke
119 PEMBROKE STREET W
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119 PEMBROKE STREET W $499,900
$499,900
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119 PEMBROKE STREET W
Pembroke, Ontario K8A5M7

MLS® Number: X12173107
5
Bathrooms
3775
Square Feet

Listing Description

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers. (40539200)

Location Description

Prince and Church

Property Summary

Property Type
Retail
Square Footage
3775 sqft
Community Name
530 - Pembroke
Land Size
Bldg=24.5 x 99 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$4,338.05
Time on REALTOR.ca
31 days

Building

Bathrooms
Total
5
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Name
Bonanza Restaurant
Neighbourhood Features
Amenities Nearby
Recreation

Measurements

Square Footage
3775 sqft
Exterior Building Size
3775 sqft

Land

Lot Features
Frontage
24 ft ,6 in
Land Depth
99 ft
Other Property Information
Zoning Description
C-3
Data provided by: Renfrew County Real Estate Board 2-545 Pembroke Street West, Pembroke, Ontario K8A 5P2
CHRISTINE HALL