For Sale

1288 Highway 7A, Kawartha Lakes (Bethany), Ontario L0A1A0

$2,900,000

1288 Highway 7A, Kawartha Lakes (Bethany), Ontario L0A1A0 is For Sale and has a listing price of 2,900,000. The property is located in the Kawartha Lakes neighbourhood. It's been on the website for 114 Days.

  • Retail
    Property Type
  • MLS ID: X8392886
  • Office Name RE/MAX HALLMARK EASTERN REALTY
Property Description

Discover a prime investment opportunity at 1288 and 1292 Highway 7A, Bethany. Situated at the busy intersection of Highway 7A and Porter Road, this expansive 18-acre property is ideal for savvy investors and entrepreneurs. The property includes a large 8,500 sq. ft. restaurant building with a banquet hall licensed for 192 seats, ample washrooms, and a spacious kitchen with a walk-in cooler. Additionally, it features a well-equipped 1,550 sq. ft. gas bar with three covered bays, shelving, CCTV, racks, and coolers, ensuring smooth operations and excellent customer service. A bakery, excellent for a truck stop, coffee shop, and a two-bedroom apartment provide extra rental income or on-site living quarters, enhancing the property’s value. The property is fully accessible with a handicap ramp. With extensive parking facilities, this property can accommodate a high volume of customers, making it perfect for businesses relying on vehicle traffic. Zoned ORMCA, it allows for a motor vehicle gas bar with a , convenience store, bakery, coffee shop, and more. Located in a prime area with established businesses, this property is a lucrative investment. The seller is open to considering a Vendor Take Back Mortgage, offering flexible financing options. Excellent visibility and easy access from Highway 7A ensure steady traffic. With 18 acres of land, there is ample space for further development or expansion. This property is perfect for investors seeking a substantial return, business owners looking to expand, or entrepreneurs ready to start a new venture. Don’t miss this rare opportunity to acquire a versatile and profitable commercial property in the heart of Bethany. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X8392886
  • Price: $2,900,000
  • Transaction Types: For Sale
  • Ref ID: 26972348
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
05/31/2024 X8392886 $2,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kawartha Lakes
  • $897,534 Average List Price
    based on 1 year
  • 389 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 82.29 % Up
  • Sold (12mo) 648
  • Rented (12mo) 81

  • 1 Month Change +5.3%
  • 3 Month Change +3.0%
  • 6 Month Change +5.1%
Walkscore
Property Type Distribution
  • All Houses
    81.16%
  • All Houses/Commercial
    0.13%
  • Commercial
    12.15%
  • Condo
    3.18%
  • Land for Sale
    3.37%
Additional Details
  • Heating System Baseboard Heaters
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 31/05/2024 00:00:00
  • Zoning Agriculture General
  • Agent Name: FRANK ROSSO
  • Last Updated: 03/09/2024 23:38:49
Open House Dates
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