Curtis Hay 11061 Graham Rd West Lorne, ON N0L 2P0 Phone: (519) 768-1180 Mobile: (519) 319-1624 Email Curtis

176 - 178 Main Street West Elgin (West Lorne, Ontario, CA - N0L 2P0)

$350,000

Century 21 First Canadian Corp.(2) Brokerage

Curtis Hay Curtis Hay (519) 768-1180 (Office) (519) 319-1624 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Bedrooms: n/a "2 upper tenant apartments each have 2 beds"
  • Bathrooms: n/a "2 upper tenant apartments each have bath and retaurant has 3 baths for patrons"
  • Garage: Single, Attached "at back of building"
  • Lot Type: Rectangular
  • Lot Size: 34.5ft x 132ft
  • Taxes: $3,369.00 (2016)
  • MLS ® #: 603841

Description

Commercial building with an owner operated main floor restaurant business known as Sam's Diner and 2 residential, 2 bedroom upper apartments Restaurant gross income has been around $23,000/month. Apartments rental gross income $1,050/month. Tenant in upper front apartment month to month $550/month tenant pays hydro & heat (electric) and landlord pays water. Tenant upper back apartment leased until April 30, 2019. $500.00/month tenant reimburses landlord for hydro, landlord pays water and heat. Recent improvements to business location include expanded dining area, new washroom facilities, updated electrical service (3 phase), some outside exterior front updates and new roof on part. Included are all restaurant business equipment and chattels. Apartment inclusions upper front fridge/stove washer/dryer; upper back fridge/stove. West Lorne is a full service community in the Lower Thames Lake Erie region southwest of the city of London near 401 Hwy. and minutes from Lake Erie's marina, parks and beaches at Port Glasgow. Don't miss out on this restaurant ownership opportunity. Sorry upper front apartment no photos available on request of tenant.

Attachments

P2#245119386
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Information is deemed to be correct but not guaranteed.

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