Name: 224 GRAHAM ROAD, West Elgin (West Lorne) | MLS® X12280569
SKU: x12280569
Price: 499999.0 CAD
Availability: InStock

$499,999 Sale

Listed 37 days ago

224 GRAHAM ROAD

MLS® x12280569 Business

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 2219

Est. mortgage

$1,897/mo

Key Facts

Key facts for 224 GRAHAM ROAD

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

X12280569

Size

2219 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne! Out to Lunch Pizza has been proudly serving the community for over 16 years, with strong support from local schools, churches, the medical centre, and the West Lorne Minor Hockey Association. Recent...ly renovated, the restaurant features two outdoor patios and a liquor-licensed indoor dining areamaking it the only licensed establishment in town and providing a unique competitive advantage. The sale includes all equipment, including commercial-grade pizza ovens, flat top grills, and fryers. Currently operating just six days a week, there is significant untapped potential to increase revenue by introducing delivery service (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. There is also an exciting opportunity to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. Included in the affordable lease is a separately metered commercial unit of approximately 700 SFideal for launching another business or generating rental income. The lease has recently been renewed on competitive terms through 2033. With strong financials, consistent catering demand, deep community roots, and plenty of avenues for growth, this is a rare chance to acquire a turnkey restaurant with proven performance and excellent future potential. Financials available upon request with a signed confidentiality agreement. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

2219 sqft

Heating Source

Natural gas

Heating Type

Other

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

2219 sqft

Heating Source

Natural gas

Heating Type

Other

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

67.5 x 132 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Acreage

67.5 x 132 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Building Description

Home Type

Commercial

Subtype

Business

Water Supply

Municipal water

Home Type

Commercial

Subtype

Business

Water Supply

Municipal water

Community

West Lorne

Area Code

West Elgin (West Lorne)

Community

West Lorne

Area Code

West Elgin (West Lorne)

Michael Jones

Email: [email protected] Cell: 519-636-8372