54 FOSTER Street
Perth, ON
- 3 bath
- 3,885 sqft
- Sale Of Business
- 782 days on market
Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB
Virtual Tour
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Listing Details
- Taxes (2024)
- $7,742
- Originally Listed
- $799,900
- Listed
- July 11, 2024
Price History
Listing history
Sign in to view
Property
- Age
- 100+
- Roof
- Unknown
- Lot Size
- 18.64 x 68.65 Feet
Parking
- Garage
- Unknown
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- From Hwy 7 take Drummond St., towards downtown and turn right on Foster St., property will be on the left just past Gore St. Or turn onto Wilson St., towards downtown and turn left on Foster and property will be on the right.
- Zoning
- C1
- Parcel Number
- 051770089
- Occupancy
- Owner
Condo
- Pets
- Unknown
Commercial
- Business Type
- Restaurant
- Office / Apartment Area
- 971 Sq Ft
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
- $495,000
- Homes sold
- 93
- Median days on market
- 22
- Sale-to-list price
- 97.0%
Based on 93 recorded sales of commercial properties in Perth over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,885 sq ft
- Price per sq ft
- $180.15
- Annual property tax
- $7,742
- Tax per sq ft
- $1.99
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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