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$ 2,875,000
Est. payment /mo
New
13 Queen ST W Springwater, ON L0L 1P0
5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Elmvale
MLS Listing ID S13794584
Annual Tax Amount $3,718
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 68.5
Lot Depth 165.53
Others
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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