120 Tollgate Road
Cornwall, ON
- Sale Of Business
- 122 days on market
The Village Diner has been serving the community for a number of years and offers a fantastic turnkey opportunity for an owner operator or investor looking for an easy transition into a fully operational and established business. The restaurant is currently configured for approximately 80 seats and features a fully equipped commercial kitchen that is exceptionally clean, well maintained, and ready for immediate operation. All chattels and equipment are owned by the current owner and are included in the sale, allowing a new owner to step in and start operating from day one. The business has built a strong local reputation and loyal customer base over the years with excellent potential for continued growth. Currently operating as a successful breakfast and lunch restaurant, there is also exciting opportunity for a new owner to expand hours and introduce dinner service to further maximize revenue potential. Owner willing to provide supplier information and assist with a smooth transition. A rare opportunity to purchase a well established and cared for restaurant business with everything in place to succeed.
Listing Details
- Originally Listed
- $139,900
- Listed
- May 13, 2026
Price History
Property
- Lot Size
- 288.42 x 453.19 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Pitt Street and Tollgate
- Zoning
- Commercial
- Parcel Number
- 601970540
- Possession
- Immediate
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Included
- Inclusions
- All existing chattels and equipment
Community
Postal area K6J
- Population
- 17,827
- Private dwellings
- 8,263
- Median age
- 46.8
- Average household size
- 2.2
- Median household income
- $60,400
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 Cornwall · last 12 months
- Median sold price
- $405,500
- Homes sold
- 684
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 684 recorded sales of commercial properties in Cornwall over the last 12 months.
Listed by
CENTURY 21 SHIELD REALTY LTD.
Walk Score
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Location
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