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3 Prospect AVE Cobalt, ON P0J 1C0
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision Cobalt
MLS Listing ID T13597924
Annual Tax Amount $6,620
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity
Location
Province ON
County Timiskaming
Area Timiskaming
Zoning C1
Interior
Cooling Yes
Inclusions See the list in the documents.
Exterior
Utilities Available Yes
Lot Frontage 41.25
Lot Depth 110.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE BEST CHOICE REALTY