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4 Young
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 kitchen—ideal 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:50861)
Property details
- Property type
- Industrial
- Building type
- House
- Lot size
- 72 X / 0.27 AC
- Year built
- 1982
- MLS® number
- 26022759
Mortgage calculator
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Location
Listed by: JUMP REALTY INC.. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.