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$ 1,499,000
Est. payment | /mo
3,449 SqFt
$ 1,499,000
Est. payment | /mo
3,449 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 3,449 sqft
Price per Sqft $434
MLS Listing ID X9365518
Annual Tax Amount $14,621
Tax Year 2023
Property Description
Prime Investment Opportunity - 1221 Lobsinger Line. This is the kind of property that investors dream about! Positioned on 2.49 acres in a high-visibility location, 1221 Lobsinger Line offers limitless potential for the savvy entrepreneur. Imagine running your own restaurant business with a commercial kitchen and banquet hall already in place, while living or earning additional income from the residential apartment upstairs. For the investor looking to expand even further, the single detached home beside the restaurant has the perfect layout and location to be converted into a bed and breakfast, capturing both local visitors and tourists passing through the area. With prime visibility and easy access to St. Jacobs and Waterloo, this property is a magnet for both local clientele and out-of-town visitors. Whether you're looking to create a one-of-a-kind dining destination or a live-and-work space, this is the perfect canvas. An investors dream, this property offers flexibility, high revenue potential, and room for growth. Don't let it slip away!
Location
Province ON
County Waterloo
Zoning A
Interior
Cooling Yes
Inclusions Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Exterior
Utilities Available Yes
Parking Type Outside/Surface
Others
Security Features No
Listed by EXP REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN