$1,999,000
Available - For Sale
Listing ID: X12636130
169 Front Street , West Nipissing, P2B 2H9, Nipissing
| Gervais Restaurant & Tavern is a substantial multi-use property located in the heart of downtown Sturgeon Falls. This impressive commercial and residential complex totals 28,237 sq ft and includes three separate restaurants, three commercial retail units, and sixteen residential apartments. All restaurant businesses are owner-operated and include Gervais Restaurant, Gervais Tavern, and a Country Style location, creating a well-established and diversified income stream. Gervais Restaurant is one of the busiest dining destinations in town, serving popular North American and Chinese cuisine. Gervais Tavern operates as a classic neighbourhood pub complete with pool tables, while the Country Style - no longer paying royalties - remains a central meeting spot for the community's coffee drinkers. A massive shared kitchen services all three restaurants and features four hood systems totaling 42 ft (16 + 16 + 6 + 4), three walk-ins, and even a drive-thru window. The combined liquor license covers an impressive capacity of 441. The three commercial units and all residential apartments are fully tenanted and generating rental income, offering strong stability for ownership. With its scale, location, and diversified revenue, this property presents an exceptional opportunity for both continued operation and future redevelopment potential. Please do not go direct or speak to staff. |
| Price | $1,999,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 169 Front Street , West Nipissing, P2B 2H9, Nipissing |
| Postal Code: | P2B 2H9 |
| Province/State: | Nipissing |
| Directions/Cross Streets: | Front St & Nipissing St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 28237.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 20 |
| Seats: | 441 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 30 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE SIGNATURE REALTY |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Nipissing |
| Municipality: | West Nipissing |
| Neighbourhood: | Sturgeon Falls |
| Baths: | 30 |
| Fireplace: | N |
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