Seize the opportunity to be part of Elmvale's vibrant community with this unique property that combines residential and commercial potential. The Pub and Cafe Space are well-established and draw consistent foot traffic, making them prime spots for continued success. The fully equipped tavern, with its lively atmosphere and popular events like Jam Nights, ensures a steady stream of patrons, while the three on-site apartments provide reliable rental income. With ample parking and a cozy outdoor patio, this property is perfectly positioned to thrive year-round. Whether you're an investor or an entrepreneur, this versatile property offers a blend of stability and growth potential, making it an exceptional addition to your portfolio. Don’t miss out on this rare chance to own a piece of Elmvale’s thriving landscapereach out today to explore this exciting investment opportunity!
MLS# | 40633695 |
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Listing Type | For Sale |
Building Name | The Palace Tavern |
Sub-Type | Resale |
Status | Active |
Days On Site | 82 |
Listing Provided By | Royal LePage Real Estate Services Ltd. (Unit A), Brokerage | Amanda Abram |
SQ Feet | 3,500 |
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Basement | Y |
Story(s) | 2 |
Zoning | COM |
Province | ON |
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Region | Simcoe County |
City | Elmvale |
Postal Code | L0L 1P0 |
Area | Springwater |
Subarea | SP73 Elmvale |
Community Name | SP73 Elmvale |
Listing VS Median (in SP73 Elmvale) | |
Price: $2,875,000 low | high Med: $839,450 SqFt: 3,500 low | high Med: 1,967 $ / SqFt: $821 low | high Med: $553 On Site: 82 low | high Med: 33.500000 |