$799,000 - For sale

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Excellent commercial/residential investment opportunity in the "most livable small town in the world" (2004 international competition endorsed by the United Nations). This iconic brick facade building is home to the Bistro East restaurant - an established local favourite for 15 years. Prime location on Saint George Street with beautiful water views, sunsets, ample public parking and the newly built amphitheatre directly across the street. Tourists from all over the world stroll by this building while exploring the sights of historic Annapolis Royal and its vibrant arts community, museums and rich culture. The town is host to numerous festivals, parades and shindigs throughout the year as well as a weekly lively Farmer's Market that draws folks from near and far. Being offered as a turn-key business all restaurant equipment/chattels, branding and goodwill is included; fire up the oven and get cookin'! In addition, a small commercial space (ground level, separate entrance) has been rented for many years. A fresh and bright 2 bedroom apartment on the upper floor, with water views and hardwood floors throughout, is also currently rented. Two more 1 bedroom apartments on the upper level (in need of some renovation) could be ideal for staff accommodations, be converted into a 2 bedroom apartment, or even be easily combined with the rest of the upper level for a grand living space. Dream big and run your own successful business while living upstairs or rent all 5 units - several options to suit your needs. Easy basement access with expansive storage, concrete foundation, roof in great shape, municipal water/sewer, recent exterior paint, electrical upgrades (3-phase), and ductless heat-pumps for the restaurant. The main commercial space is also wheelchair accessible. This is prime real estate in a prime location. (id:2471)

Location DescriptionAt traffic lights in Annapolis Royal turn westbound, follow to civic 274 (Bistro East)