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$599,000
Status: For Sale
The Palace restaurant has been a cherished dining destination in Glencoe for many years, offering great food in a vibrant small-town setting. With seating for 150 guests, the restaurant is fully wheelchair accessible and features a large commercial kitchen, making it ideal for hosting a variety of events. The establishment includes two sets of restrooms for patrons' convenience.Above the restaurant, two spacious apartments with two bedrooms and a 3-piece bath each provide additional income potential or accommodation for staff. The restaurant also benefits from ample parking available in a municipal lot located behind the building,along with a convenient rear entrance. Glencoe is well-connected, serviced by Via Rail from Windsor to Toronto, and is just 10 minutes away from Four Counties Health Services and emergency care. The town boasts a range of educational institutions including Glencoe District Hight School, Ekcoe Central Public School, and St Charles Catholic School, making it an appealing location for families.Local amenities further enhance the community's appeal, featuring popular dining options like the McKellar Hotel, Subway,Pizza Picasso, and Tim Hortons, along with grocery stores No Frills and Foodland. Residents enjoy recreational facilities,including an arena and accounting services, and pharmacies.These features collectively make Glencoe an attractive location for both business investors and families seeking a close-knit,community-oriented lifestyle. The Palace Restaurant stands as a cornerstone of the welcoming town, providing delicious meals and a vibrant atmosphere for all.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9394066 |
| Listing Type | :Sale |
| Property Age | :100+ years |
| Possession Date | : |
| Last Updated | :15 Oct, 2024 (1 Day ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | : N0L 1M0 |
| Price | : $599,000 |
|---|---|
| Property Taxes | :$4929.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :NEAR MCKELLAR ST. |
|---|
12 Oct, 2024
TREB #X9394066
Available
$599000.0
