Description
Multiple Incomes! A rare chance to acquire a fully operational entertainment and hospitality property offering multiple income streams with strong future upside. The building features six bowling lanes with Brunswick A-2 machines and durable synthetic lanes, and is LLBO licensed for 100+ patrons, supporting consistent food, beverage, and entertainment revenue. A steel roof (approx. 14 years old) adds long-term durability and low maintenance. The on-site pub-style restaurant is extremely well-known locally for its popular comfort-food menu and welcoming atmosphere. A fully equipped newer commercial kitchen is included, allowing a true turnkey operation. The dining area is utilized for family dining, private events, karaoke nights, and group functions, with flexibility to evolve into a sports bar or event venue. Additional income potential includes a 1+1 bedroom residential living quarters with direct access from the kitchenideal for owner occupancy, staff housing, or rental income. Currently tenanted. There's more! An additional lot with a large detached garage behind the building, currently used as a paint shop, provides excellent value-add potential. It could continue as a leased commercial space or be repurposed into additional residential rental income, light industrial use, or business space. The main building also offers conversion potential for family entertainment, fitness or training facility, catering hall, or mixed-use commercial concepts. This property is ideal for investors and entrepreneurs alike, looking for a diversified, multi-income-producing asset with operational stability. (id:13843)
Details
| MLS # | 26014861 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1982 |
| Days On Site | 63 |
| Listing Provided By | JUMP REALTY INC. | ALANNAH DROUILLARD |
Features
| Zoning | C1/UC |
|---|
Area Information
| Province | ON |
|---|---|
| City | Tilbury |
| Postal Code | N0P2L0 |
| Listing VS Median (in N0P2L0) | |
Price: $799,999 low | high Med: $671,950 On site: 63 low | high Med: 40.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Tilbury |
| Postal Code | N0P2L0 |
| Listing VS Median (in N0P2L0) | |
Price: $799,999 low | high Med: $671,950 On site: 63 low | high Med: 40.5 | |
