Listing Details
Subtype: Manufacturing, Restaurants & Food, Office Live/Work Unit, Religious Facility, School, Education & Children
Business Type: Miscellaneous Restaurant and Bar
Year built: 1962
Year renovated: 2015
Year established: 2013
Total building size (sq. ft.): 18000
Typical floor size (sq. ft.): 18000
Building class: A
Zoning: ITN and RTEP
Parking spaces: 20
Floors: 1
Sale type: Ideal for both investors and owner-users
Tenancy: Multiple
Floor Area Ratio (Floor Space Index): 0.125
Employees: 10
Real estate: Owned
Beds: 3
Lot Size: 172,000
Clear Height: 10 ft.
Financial Details
Inventory: $300,000
Furnitures, Fixtures, and Equipment: $300,000
Description
This property is a converted elementary school on a 4 acre lot. It houses a micro craft brewery with large bottling line. Currently producing award-winning Belgian style beers that are available in lcbo stores. One of the classrooms is set up as a European style restaurant. There are 2 kitchens. One is a pizza kitchen with a doubele deck Italian pizza oven the other one has many appliances and high efficiency induction cookers, all electrical. Several patios, front and back, create great expansion options for an event venue for weddings, concerts etc. The business is currently running at minimum capacity and could be taken over as is or with increased large capacity. In 2022, a food forest was started with the intention to provide the restaurant in the future with onsite grown organic produce. Industrial loft style living space for at least one family in the south-west wing of the building is currently in use as the owner/operator's dwelling. The structural integrity is perfectly sound. The potential uses for this property are endless taking into consideration it's size as well as it's multitude of zonings. Owners/operators are gradually looking to retire and will be selling with heavy hearts.
Location & nearby
This listing is located in Simcoe, ON N3Y 4K6
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