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54 Foster Street

54 Foster Street

Perth, ON

  • 3 bath
  • 2,788 sqft
  • Sale Of Business
  • 81 days on market
$899,000

Gorgeous restaurant with property in the heart of downtown Perth, one of Eastern Ontario's most charming and historic communities. Bistro 54 has been a staple of the local dining scene since 2004, serving homemade Italian cuisine with an outstanding reputation, excellent reviews, and impressive sales. This is a rare opportunity to acquire both a successful hospitality business and the real estate it operates from. The historic, multilevel building, circa 1858, offers a warm and inviting atmosphere with seating for 55 inside plus an additional 32 seats on the patio. The chef's kitchen is equipped with an 8-ft commercial hood and a walk-in fridge, making it ideal for continued operation as a restaurant or conversion into a different concept, cuisine, or franchise. Own the property and take advantage of a proven location with strong community support, established clientele, and income for ownership. The building features 200-amp power, oneparking space, and is available with training to ensure a smooth transition. Please do not go direct or speak to staff or ownership

Listing Details

Taxes (2025)
$7,742
Listed
June 18, 2026

Price History

Listing history

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Property

Lot Size
18.62 x 68.65 Feet

Parking

Garage
Plaza

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Foster St and Gore St E
Zoning
Business Commercial
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Community

Postal area K7H

Population
16,175
Private dwellings
8,360
Median age
55.6
Average household size
2.2
Median household income
$82,000

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 Perth · last 12 months

Median sold price
$493,750
Homes sold
94
Median days on market
23
Sale-to-list price
96.9%

Based on 94 recorded sales of commercial properties in Perth over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

94

Walk

63

Bike

Scores by Walk Score®

Commercial figures

Building area
2,788 sq ft
Price per sq ft
$322.45
Annual property tax
$7,742
Tax per sq ft
$2.78

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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