REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,900,000
Est. payment /mo
Active
1288 Highway 7A N/A Kawartha Lakes, ON L0A 1A0
8,500 SqFt
UPDATED:
06/04/2024 08:29 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $341
MLS Listing ID X8392886
Annual Tax Amount $5,600
Tax Year 2023
Property Description
Discover a prime investment opportunity at 1288 and 1292 Highway 7A, Bethany. Situated at the busy intersection of Highway 7A and Porter Road, this expansive 18-acre property is ideal for savvy investors and entrepreneurs. The property includes a large 8,500 sq. ft. restaurant building with a banquet hall licensed for 192 seats, ample washrooms, and a spacious kitchen with a walk-in cooler. Additionally, it features a well-equipped 1,550 sq. ft. gas bar with three covered bays, shelving, CCTV, racks, and coolers, ensuring smooth operations and excellent customer service. A bakery, excellent for a truck stop, coffee shop, and a two-bedroom apartment provide extra rental income or on-site living quarters, enhancing the property's value. The property is fully accessible with a handicap ramp. With extensive parking facilities, this property can accommodate a high volume of customers, making it perfect for businesses relying on vehicle traffic. Zoned ORMCA, it allows for a motor vehicle gas bar with a , convenience store, bakery, coffee shop, and more. Located in a prime area with established businesses, this property is a lucrative investment. The seller is open to considering a Vendor Take Back Mortgage, offering flexible financing options. Excellent visibility and easy access from Highway 7A ensure steady traffic. With 18 acres of land, there is ample space for further development or expansion. This property is perfect for investors seeking a substantial return, business owners looking to expand, or entrepreneurs ready to start a new venture. Don't miss this rare opportunity to acquire a versatile and profitable commercial property in the heart of Bethany.
Location
Province ON
County Kawartha Lakes
Community Major Highway
Area Bethany
Interior
Heating Yes
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Yes
Others
Security Features Partial
Listed by RE/MAX HALLMARK EASTERN REALTY