13 QUEEN STREET W
Springwater (Elmvale), Ontario
MLS® S13794584
$2,875,000
- Status
- Active
- Property type
- Business
- MLS® number
- S13794584
- Bedrooms
- —
- Bathrooms
- 5
- Year built
- —
1 / 11Listing description
BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft.
mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation.
Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
Property summary
- MLS® number
- S13794584
- Property type
- Business
- Land size
- Bldg=68.5 x 165.53 FT
- Annual property taxes
- $3,718.70
- Days on market
- 4 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $2,875,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., TORONTO.
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.