For Sale

103 Commissioner Street, Zorra, Ontario N0J1J0

$1,150,000

103 Commissioner Street, Zorra, Ontario N0J1J0 is For Sale and has a listing price of 1,150,000. The property is located in the Zorra neighbourhood. It's been on the website for 62 Days.

  • Retail
    Property Type
  • MLS ID: X9361739
  • Office Name KELLER WILLIAMS LIFESTYLES
Property Description

Exceptional Commercial Opportunity in Embro! Seize the chance to own the only restaurant in the village with this prime corner property on Commissioner Street. This well-loved, family-style establishment, seating up to 98 guests, enjoys high visibility and ample parking, making it a favourite for locals and a magnet for passing traffic. Conveniently located near London, Ingersoll, Woodstock, and Stratford, its perfectly positioned to attract a broad customer base. The restaurant comes fully equipped with all the necessary tools and appliances for a thriving business, ensuring a smooth transition for new ownership. It also features a seasonal ice cream shop and a newer outdoor patio! The property also includes a vacant 2-bedroom, 1-bathroom apartment on the upper level, ideal for immediate rental or personal use. Additionally, theres a second framed unit upstairs that can be converted into another apartment or expanded for a larger living space. This is an ideal investment for those looking to run a successful community restaurant while benefiting from residential rental income. The perfect opportunity for an ambitious restauranteur ready to grow a thriving business or an investor seeking a valuable asset, this listing offers a unique opportunity to tap into both commercial and residential markets in a vibrant, small-town setting. (id:43137)

Property Details
  • MLS ID: X9361739
  • Price: $1,150,000
  • Transaction Types: For Sale
  • Ref ID: 27451000
  • 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
09/20/2024 X9361739 $1,150,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Zorra
  • $914,657 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 146.78 % Up
  • Sold (12mo) 27
  • Rented (12mo) 8

  • 1 Month Change -21.9%
  • 3 Month Change +7.5%
  • 6 Month Change -24.9%
Walkscore
  • 37 Walk Score
    Car-Dependent
  • 38 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    88.42%
  • Commercial
    10%
  • Land for Sale
    1.58%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/09/2024 00:00:00
  • Zoning Si-b
  • Agent Name: KASHAN CHAUDHARY
  • Last Updated: 09/10/2024 16:38:35
Open House Dates
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