ON > West Nipissing > Sturgeon Falls
West Nipissing, ON P2B 2H9,169 Front ST
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West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
West Nipissing, ON P2B 2H9,169 Front ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,999,000
Est. payment /mo
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Active

169 Front ST West Nipissing, ON P2B 2H9

28,237 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 28,237 sqft

Price per Sqft $70

Subdivision Sturgeon Falls

MLS Listing ID X12133327

Annual Tax Amount $42,834

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 195.5

Lot Front 264.01

Property Description

Seize this rare opportunity to own a multi-faceted, income-generating property in the heart of Sturgeon Falls now offered at a newly improved price of $1.999M! With a Net Operating Income over $300,000, this iconic property spans multiple revenue streams, making it a true cash-flow machine. Featuring 16 residential apartments, 3 fully tenanted commercial units, and several versatile hospitality spaces, this asset offers diversified income with strong upside potential. The legendary Gervais Restaurant, a community staple since 1955, is ready for its next chapter. Equipped with 3 exhaust hoods, walk-in fridge/freezers, a spacious kitchen, prep and dish areas, and office space, its fully outfitted to support a range of food and beverage operations. The restaurant and related spaces are ready to be rebranded, reimagined, or relaunched to suit your business vision. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. Whether you're an investor looking for solid returns or an operator ready to revitalize a landmark venue, this is an unbeatable opportunity. Included in the sale is a single family home, zoned C2, which sits adjacent to this property on a 66x132 foot lot. Please do not go direct or speak to staff! Your discretion is appreciated.

Location

Province ON

County Nipissing

Community Sturgeon Falls

Area Nipissing

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 264.01

Lot Depth 195.5

Others

Security Features Yes

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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169 Front ST

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