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Renanza Realty
For sale

47 Frances ST

Thessalon, Ontario

MLS® SM260976

$475,000

Status
Active
Property type
Business
MLS® number
SM260976
Bedrooms
Bathrooms
Year built

Listing description

Step into the heart of small-town hospitality with this well-established family homestyle cooking restaurant, proudly operated by the same owners for the past 27 years. Known throughout the community for its welcoming atmosphere, homemade meals, and loyal customer base, this is the kind of place where everyone knows your name and visitors quickly feel like regulars. This thriving business offers exceptional income potential with a strong reputation built over decades of community support and repeat clientele.

Situated on a large lot, the property also features a garage and ample space for expansion or future development. Whether you envision additional seating, a catering kitchen, retail space, rental units, or another income-generating venture, the possibilities are endless. The property presents exciting opportunities for passive income and long-term growth while continuing to operate a beloved local staple.

Community driven and full of charm, this is more than just a restaurant - it’s a destination where families gather, stories are shared, and traditions continue. A rare opportunity to own a successful business with deep roots, endless potential, and a true hometown feel.

Property summary

MLS® number
SM260976
Property type
Business
Square footage
1,400 sq ft
Annual property taxes
$2,580.00
Parking
Other, Gravel
Days on market
108 days

Features & details

Heating
Forced air, Natural gas
Basement
Crawl space
Exterior features
Vinyl, Siding
Lot features
Corner Site

What would this home cost you?

Based on the $475,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,210 /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 Exit Realty True North, SAULT STE. MARIE.

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.