$1,169,000
Available - For Sale
Listing ID: X13543496
26 Elgin Street West , Arnprior, K7S 1N3, Renfrew
| FOR SALE IN ARNPRIOR: 26 Elgin Street West presents a fully renovated, income-producing mixed-use asset with strong operational fundamentals and upside potential. Renovated to the studs, this turnkey three-level commercial building offers approximately 6,000 sq. ft. of functional space.The main floor consists of 2,000 sq. ft. of fully equipped, licensed restaurant and bar space with seating for 70+ patrons and an accessible washroom, providing immediate business continuity or re-tenanting flexibility. Step into a thriving business with strong gross sales averaging $314,773 annually(2023-2025), this restauranteurs dream offers immediate cash flow with business continuity along with the option of further growth in sales. The full-height lower level adds an additional 2,000 sq. ft. with two washrooms and substantial storage, supporting efficient operations and future revenue growth. The upper level features a 2,000 sq. ft. New York-style penthouse with high-end finishes, appliances and a rooftop balcony; offering premium rental income or owner-operator accommodation. Rear parking and ample street parking enhance accessibility. This asset offers multiple revenue streams and flexible use for hospitality, retail, or mixed-use investors seeking a stabilized property with long-term growth potential in a developing market. Driven by the expansion of HIGHWAY 417, Arnprior is recognized as the second fastest growing community in Eastern Ontario and has ranked among the top 10 fastest growing towns in Canada. |
| Price | $1,169,000 |
| Taxes: | $8596.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 26 Elgin Street West , Arnprior, K7S 1N3, Renfrew |
| Postal Code: | K7S 1N3 |
| Province/State: | Renfrew |
| Legal Description: | PT LT 20 ON ELGIN STREET, PL 7, PTS 3 & |
| Directions/Cross Streets: | DANIEL STREET |
| 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 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 6000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Seats: | 72 |
| Water Expense: | $3048 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 4 |
| Outside Storage: | T |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE TEAM REALTY |
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Fizza Nasir
Sales Representative
Dir:
647-241-2804
Bus:
416-747-9777
Fax:
416-747-7135
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Renfrew |
| Municipality: | Arnprior |
| Neighbourhood: | 550 - Arnprior |
| Tax: | $8,596 |
| Baths: | 4 |
| Fireplace: | N |
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