1.613.401.4267 | ryanpattinson@royallepage.ca

119 Pembroke Street W Pembroke, Ontario K8A 5M7

5 Bathroom 3,775 ft2
Fully Air Conditioned Other

$499,900

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers. (id:53156)

Business

Name Bonanza Restaurant

Property Details

MLS® Number X12173107
Property Type Retail
Community Name 530 - Pembroke
Amenities Near By Recreation

Building

Bathroom Total 5
Age 51 To 99 Years
Cooling Type Fully Air Conditioned
Heating Type Other
Size Exterior 3775 Sqft
Size Interior 3,775 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Recreation
Size Depth 99 Ft
Size Frontage 24 Ft ,6 In
Size Irregular Bldg=24.5 X 99 Ft
Size Total Text Bldg=24.5 X 99 Ft
Zoning Description C-3

https://www.realtor.ca/real-estate/28366093/119-pembroke-street-w-pembroke-530-pembroke

Christine Hall
Salesperson

(613) 504-2347

RE/MAX Pembroke Realty Ltd.
464 Pembroke Street, West
Pembroke, Ontario K8A 5N9

(613) 732-3601

David Griffiths
Salesperson

(613) 559-1307
www.davegriffiths.ca/
www.facebook.com/DavidGriffithsREMAX/

RE/MAX Pembroke Realty Ltd.
464 Pembroke Street, West
Pembroke, Ontario K8A 5N9

(613) 732-3601

Carl Zieroth
Salesperson

(613) 639-8030

RE/MAX Pembroke Realty Ltd.
464 Pembroke Street, West
Pembroke, Ontario K8A 5N9

(613) 732-3601

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Ryan Pattinson

Sales Representative Royal LePage Edmonds & Associates

P: 613.401.4267
E: ryanpattinson@royallepage.ca