13 Queen Street
Springwater, ON
- 5 bath
- Sale Of Business
- 4 days on market
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!
Listing Details
- Taxes (2025)
- $3,719
- Listed
- September 15, 2026
Price History
Listing history
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Property
- Lot Size
- 68.5 x 165.53 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Yonge St N Queen Str W
- Zoning
- Commercial
- Parcel Number
- 583790081
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Bar/Tavern/Pub
Community
Postal area L0L
- Population
- 42,022
- Private dwellings
- 19,252
- Median age
- 46.8
- Average household size
- 2.7
- Median household income
- $106,000
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 Springwater · last 12 months
- Median sold price
- $875,000
- Homes sold
- 301
- Median days on market
- 31
- Sale-to-list price
- 96.3%
Based on 301 recorded sales of commercial properties in Springwater over the last 12 months.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $3,719
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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