ON > Pembroke > 530 - Pembroke
Pembroke, ON K8A 5M7,119 Pembroke ST W
Pembroke, ON K8A 5M7,119 Pembroke ST W
Pembroke, ON K8A 5M7,119 Pembroke ST W
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$489,900
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5 Baths
Active

119 Pembroke ST W Pembroke, ON K8A 5M7

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision 530 - Pembroke

MLS Listing ID X12509664

Annual Tax Amount $3,448

Tax Year 2025

Property Sub-Type Sale Of Business

Lot Depth 99.0

Lot Front 24.5

Property Description

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers.

Location

Province ON

County Renfrew

Community 530 - Pembroke

Area Renfrew

Zoning C-3

Interior

Cooling Yes

Inclusions See Chattel List

Exterior

Lot Frontage 24.5

Lot Depth 99.0

Others

Security Features No

ParcelsYN No

Listed by RE/MAX PEMBROKE REALTY LTD.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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119 Pembroke ST W

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