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1287 Madison Street

1287 Madison Street

Severn, ON

  • 1,500 sqft
  • Sale Of Business
$299,000

The very popular Captain's Grill Diner of Severn is a classic and long standing restaurant in a truly unique location just off Highway 11 at the gateway to Muskoka, just north of Orillia.Well known by cottagers, skiers, locals, transient workers, and travellers heading north and south. This 1,500 Sq Ft restaurant is licensed for 28 inside plus 12 on the screened-in patio,with parking for 23 and very little nearby competition. Full commercial kitchen with a 8-ft commercial hood and a proven operation boasting great income and impressive margins. Incredibly low rent of only $857 Gross Rent including TMI with 3 + 5 + 5 years remaining. A rare opportunity to take over an established restaurant with extremely low overhead in a strategic Highway 400 location. Please do not go direct or speak to staff or ownership.

Listing Details

Listed
August 20, 2026

Price History

Listing history

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Property

Lot Size
1537.71 x 2226.44 Feet

Parking

Garage
Public

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Madison St and Carlyon Line
Zoning
Business Commercial
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Severn · last 12 months

Median sold price
$717,500
Homes sold
238
Median days on market
30
Sale-to-list price
94.7%

Based on 238 recorded sales of commercial properties in Severn over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,500 sq ft
Price per sq ft
$199.33

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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