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$599,000
Est. payment /mo
6,002 SqFt
Active Under Contract
21980 Hwy 7 N/A Tay Valley, ON K0H 2B0
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,002 sqft
Price per Sqft $99
Subdivision 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp
MLS Listing ID X13433974
Annual Tax Amount $7,823
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
POWER OF SALE! Rare mixed-use investment opportunity on a high-exposure 1.31-acre lot with excellent frontage and easy access to Highway 7. Approx. 5,652 sq. ft. main building featuring a fully equipped restaurant with commercial kitchen, walk-in fridge and freezer, bar and dining area seating 58, plus outdoor patio seating for 18. Main floor also offers office space, storage areas, and additional flexible commercial space suitable for a variety of permitted uses. Upper level includes a spacious 6-bedroom residential unit providing added income potential. Separate detached approx. 350 sq. ft. building previously operated as an ice cream shop, convenience store, and coffee shop, and is equipped for EV charging infrastructure. Multiple entrances, ample parking, and excellent visibility. Ideal opportunity for investors, owner-operators, hospitality ventures, retail, commercial, and mixed-use applications. Property being sold under Power of Sale in "As Is, Where Is" condition. Seller makes no representations or warranties. Buyer to conduct own due diligence regarding zoning, permitted uses, measurements, taxes, and condition of the property.
Location
Province ON
County Lanark
Area Lanark
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 274.8
Lot Depth 141.19
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE IGNITE REALTY
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