431&439 Highway11(Lot 11&12)
Black River-Matheson, ON
4,200 sqft • Sale Of Business • 502 days on market
Well Established Chinese Restaurant With Property For Sale, Located North Of The GTA Along High Traffic Hwy 11. The Business Has Been Successfully Operated By The Same Owner For Over 16 Years, With Steady Income and A Strong Base Of Royal Customers. The Property Includes A Spacious Restaurant and Plus A Rear Four-Bedroom Detached House. Sitting On Approximately Half An Acre Of Land. Excellent Visibility and Daily Traffic Volume. Nearby Amenities Include A Large Site, Popular Tourist Attractions, and Numerous Recreational Vacation Homes. Perfect Opportunity For Entrepreneurs Or Family-Run Business-Owner Is Retiring. Bring Offer!!
Listing Details
- Taxes (2024)
- $2,600
- Listed
- April 7, 2025
Price History
Property
- Lot Size
- 261.79 x 125 Feet
Location & Legal
- Cross Street
- Fourth Ave/Hwy 11
- Zoning
- Commercial
- Parcel Number
- 653810414
- Possession
- Immediate
Commercial
- Business Type
- Restaurant
- Occupancy
- Owner
- Office / Apartment Area
- 2200 Sq Ft
Community
Postal area P0K
- Population
- 11,456
- Private dwellings
- 6,383
- Median age
- 49.2
- Average household size
- 2.2
- Median household income
- $75,000
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 Black River-Matheson · last 12 months
- Median sold price
- $150,000
- Homes sold
- 42
- Median days on market
- 33
- Sale-to-list price
- 91.1%
Based on 42 recorded sales of commercial properties in Black River-Matheson over the last 12 months.
Listed by
RE/MAX CROSSROADS REALTY INC.
Location
Commercial figures
- Building area
- 4,200 sq ft
- Price per sq ft
- $142.62
- Annual property tax
- $2,600
- Tax per sq ft
- $0.62
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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