3 Prospect Avenue Cobalt, Ontario P0J 1C0

8,800 sqft
Fully Air Conditioned Forced Air

$294,500

An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity (id:49269)

Business

Name Silver Cafe

Property Details

MLS® Number T13597924
Property Type Retail
Community Name Cobalt
Equipment Type Furnace
Features Irregular Lot Size
Rental Equipment Type Furnace

Building

Age 51 To 99 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 8,800 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 110 Ft
Size Frontage 41 Ft ,3 In
Size Irregular 41.25 X 110 Ft
Size Total Text 41.25 X 110 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/30070646/3-prospect-avenue-cobalt-cobalt

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