39 Arthur Street
Woolwich, ON
- 2,500 sqft
- Commercial Retail
- 90 days on market
Welcome to 39 Arthur Street, a rare opportunity to acquire a well-established mixed-use property in the heart of beautiful downtown Elmira. Positioned on a prominent corner lot in one of the community's most recognizable commercial corridors, this property offers an exceptional combination of restaurant, residential, and investment potential. The main floor features a meticulously maintained restaurant that has successfully operated for over 20 years, serving generations of loyal customers. The space is equipped with a full commercial kitchen, including a large exhaust hood, ample prep areas, storage space, and infrastructure suitable for a wide variety of restaurant concepts. The restaurant also benefits from a valuable liquor licence for up to 90 seats, providing excellent flexibility for dine-in service and future growth. Enhancing the operational footprint, a portion of the restaurant is leased from the neighbouring property for just $1,700 per month plus HST, allowing for additional dining and functional space. Above the restaurant sits a spacious 3-bedroom apartment, creating an ideal opportunity for owner occupancy, employee accommodation, or supplemental rental income. The combination of residential and commercial uses makes this property an attractive option for investors seeking multiple revenue streams as well as owner-operators looking to live and work in the same location. Whether you're an experienced restaurateur, entrepreneur, or investor, 39 Arthur Street presents a turnkey opportunity to acquire a landmark downtown property with a proven operating history, strong community presence, and significant upside potential in one of Waterloo Region's most desirable small-town markets.
Listing Details
- Taxes (2026)
- $2,168
- Listed
- June 8, 2026
Price History
Listing history
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Property
- Lot Size
- 17.5 x 83.5 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Arthur St & Church St
- Zoning
- C-1
- Parcel Number
- 222210041
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Hospitality/Food Related
- Office / Apartment Area
- 50 %
Included
- Inclusions
- * As per List of Chattels & Equipment *
- Exclusions
- * As per List of Chattels & Equipment *
- Rental Items
- * As per List of Chattels & Equipment *
Community
Postal area N3B
- Population
- 13,190
- Private dwellings
- 4,824
- Median age
- 38.4
- Average household size
- 2.7
- Median household income
- $107,000
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 Woolwich · last 12 months
- Median sold price
- $846,025
- Homes sold
- 200
- Median days on market
- 23
- Sale-to-list price
- 98.4%
Based on 200 recorded sales of commercial properties in Woolwich 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
- Building area
- 2,500 sq ft
- Price per sq ft
- $479.60
- Annual property tax
- $2,168
- Tax per sq ft
- $0.87
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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