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46342 Sparta Line

46342 Sparta Line

Central Elgin, ON

  • Sale Of Business
  • 208 days on market
$675,000Price reduced 16%

Commercial with Residence combined for this unique opportunity! Step into a piece of history with the remarkable Sparta House, built between 1838 and 1840 by David Mills as an elegant hotel. This stunning colonial-style building, with its iconic double-decked verandah and spacious upper ballroom, has witnessed a rich tapestry of community life over the years. After its hotel days, the Sparta House transitioned into a general store under Ira Hilborn before becoming a beloved gathering place during the Moedinger era where locals would convene around the central stove to exchange stories and engage in lively discussions. In more recent years, the building has evolved into a charming Tearoom/Restaurant, blending its historical charm with contemporary dining experiences. The meticulous restoration has brought the Sparta House back to its former glory, making it the perfect destination for both returning patrons and first-time visitors. This unique opportunity comes complete with a stunning upper 2+1 Bedroom owners apartment with a huge walk out verandah overlooking the main street. Located in the historic village of Sparta, this property is surrounded by an array of antique shops, craft stores, and artist studios. The village features informative displays highlighting the history of its buildings, contributing to a delightful walking tour experience. With the popular destinations of Port Stanley and Port Bruce just a short drive away, the Sparta House offers a fantastic opportunity to attract tourists looking for a unique and relaxing stop on their journeys. Don't miss your chance to own this iconic landmark, rich in history and poised for future success! **EXTRAS** restaurant operating equipment included, some chattels excluded. Owners is willing to train new owners and staff for a limited period. See floor plan for residence and restaurant layout.

Listing Details

Taxes (2025)
$4,299
Originally Listed
$799,900
Listed
February 14, 2026

Price History

Listing history

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Property

Lot Size
80 x 62 Feet

Parking

Garage
None

Location & Legal

Cross Street
Quaker Line
Zoning
Commercial
Parcel Number
352620171
Possession
30-59 days
Occupancy
Owner

Commercial

Business Type
Restaurant

Community

Postal area N0L

Population
49,817
Private dwellings
19,408
Median age
44
Average household size
2.6
Median household income
$100,000

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 Central Elgin · last 12 months

Median sold price
$625,300
Homes sold
215
Median days on market
40
Sale-to-list price
97.0%

Based on 215 recorded sales of commercial properties in Central Elgin over the last 12 months.

Listed by

OAK AND KEY REAL ESTATE BROKERAGE, INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$4,299

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

R

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