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Renanza Realty
For sale

119 PEMBROKE STREET W

Pembroke, Ontario

MLS® X12509664

$459,900

Status
Active
Property type
Business
MLS® number
X12509664
Bedrooms
Bathrooms
5
Year built

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.

Property summary

MLS® number
X12509664
Property type
Business
Square footage
3,775 sq ft
Land size
Bldg=24.5 x 99 FT
Annual property taxes
$3,448.05
Days on market
300 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $459,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,140 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PEMBROKE REALTY LTD., PEMBROKE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.