Restaurant Property + Rental Income

Real Estate

Lease

Premises Details

The property has a long history as a neighborhood restaurant and has served the surrounding community for many years. Although restaurant operations have ceased, the site remains well suited for food service and offers the next owner the opportunity to renovate and introduce a new concept while benefiting from the property's existing commercial infrastructure and additional income-producing components.

Expansion Potential

The upside extends well beyond reopening the restaurant. A buyer has the opportunity to renovate and modernize the restaurant space, lease the additional commercial suite to generate recurring income, and utilize or rent the residential apartment to create another revenue source. These multiple income streams can help improve overall investment performance while reducing the effective carrying cost of the property. Additional growth opportunities include introducing a new restaurant concept, expanding catering and delivery services, enhancing the property's curb appeal, implementing modern branding and digital marketing, or redeveloping the property to better serve the area's evolving commercial needs, subject to local regulations.

Competition / Market

Few opportunities combine restaurant infrastructure, commercial real estate ownership, and multiple potential income sources in a single offering. In addition to the restaurant space, the property includes a residential apartment and a separate commercial suite that may provide rental income, creating flexibility that is uncommon in comparable offerings. Although renovations are needed, buyers have the opportunity to create value through improvements while benefiting from diversified income potential. This offering is well suited for experienced restaurateurs, owner-users, commercial investors, or entrepreneurs seeking a property where business operations and real estate investment can work together to maximize long-term returns.

Reason for Selling

Health