232 Water St
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232 Water St
10,650 SF Retail Building Carbonear, NL A1Y 1B7 $3,300,000 CAD ($310 CAD/SF)
Executive Summary
Thriving historial Restaurant for sale, business and Real Estate (2 parcels and more than 10,000 sq.ft building)
Prime Development Opportunity: With 12,000 lot plus another 9,000 sq.ft lot, there's immense potential to capitalize on the location by expanding into the hospitality sector with the addition of a hotel, tapping into a lucrative market segment.
Turnkey Business: The sale includes the entire business, providing a seamless transition for the new owner and ensuring continuity in operations.
Comprehensive Licensing: The Stone Jug comes fully equipped with a range of licenses, including liquor, wild game, and fishing permits, offering versatility in culinary offerings and entertainment options.
Unrestricted Business Operations: Enjoy the advantage of an exceptional and unique license, granting Stone Jug Holdings Ltd. the freedom to operate across various business endeavors without constraints within Canada, providing unparalleled flexibility and opportunity for diversification.
Versatile Event Venue: Renowned for its versatility, the Stone Jug is a sought-after venue for weddings, meetings, conferences, theater productions, and musical performances, attracting diverse clientele and ensuring steady revenue streams throughout the year.
Prime Development Opportunity: With 12,000 lot plus another 9,000 sq.ft lot, there's immense potential to capitalize on the location by expanding into the hospitality sector with the addition of a hotel, tapping into a lucrative market segment.
Turnkey Business: The sale includes the entire business, providing a seamless transition for the new owner and ensuring continuity in operations.
Comprehensive Licensing: The Stone Jug comes fully equipped with a range of licenses, including liquor, wild game, and fishing permits, offering versatility in culinary offerings and entertainment options.
Unrestricted Business Operations: Enjoy the advantage of an exceptional and unique license, granting Stone Jug Holdings Ltd. the freedom to operate across various business endeavors without constraints within Canada, providing unparalleled flexibility and opportunity for diversification.
Versatile Event Venue: Renowned for its versatility, the Stone Jug is a sought-after venue for weddings, meetings, conferences, theater productions, and musical performances, attracting diverse clientele and ensuring steady revenue streams throughout the year.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,650 SF
Building Class
B
Year Built
1860
Price
$3,300,000 CAD
Price Per SF
$310 CAD
Tenancy
Single
Building Height
3 Stories
Parking
11 Spaces (1.03 Spaces per 1,000 SF Leased)
Frontage
162 ft on Water Street
Amenities
- Restaurant
-
Raul Rodriguez-Pulido -
Starboard Commercial Real Estate
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232 Water St
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