119 Pembroke Street
Pembroke, ON
- 5 bath
- 3,775 sqft
- Sale Of Business
- 312 days on market
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.
Listing Details
- Taxes (2025)
- $3,448
- Originally Listed
- $489,900
- Listed
- November 4, 2025
Price History
Property
- Lot Size
- 24.5 x 99 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Prince and Church
- Zoning
- C-3
- Parcel Number
- 571390058
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Restaurant
- Office / Apartment Area
- 1400 Sq Ft
Included
- Inclusions
- See Chattel List
- Exclusions
- Tenant Personal Items
- Rental Items
- None
Community
Postal area K8A
- Population
- 26,392
- Private dwellings
- 11,919
- Median age
- 45.6
- Average household size
- 2.3
- 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 Pembroke · last 12 months
- Median sold price
- $365,000
- Homes sold
- 209
- Median days on market
- 23
- Sale-to-list price
- 97.7%
Based on 209 recorded sales of commercial properties in Pembroke over the last 12 months.
Listed by
RE/MAX PEMBROKE REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,775 sq ft
- Price per sq ft
- $121.83
- Annual property tax
- $3,448
- Tax per sq ft
- $0.91
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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