107-109 Wyndham Street N,Guelph (Downtown), ON N1H4E9
Guelph (Downtown), ON N1H4E9
Description
This prime mixed-use investment opportunity at 107-109 Wyndham St N offers an exceptional 5,400 SF of versatile space in the vibrant heart of downtown Guelph. The building features a historic limestone exterior and houses a fully built-out, turn-key restaurant on the main level complemented by a stylish basement speakeasy. The 1,950 SF main floor is equipped with a professional-grade kitchen, full bar, and a signature garage-style window system that opens directly onto the street to create a premier indoor-outdoor dining experience. With a liquor license already in place for 90 patrons on the main level and an additional 35 in the lower level, this vacant commercial space is perfectly positioned for an owner-operator or a high-profile tenant to begin operations immediately.The upper level of the property features a lodge-style residential suite that provides a steady and reliable income stream independent of the commercial operations. This residential space includes five legal rooms, a spacious common living area, a full kitchen, and two washrooms. While the current net operating income of $62,166 is based on extremely conservative commercial estimates, it is important to note that this figure does not account for the two currently vacant residential rooms. Filling these vacancies could conservatively add an additional $17,000 in annual income, bringing the potential net operating income to approximately $79,166. 107-109 Wyndham St N represents a rare turn-key asset that balances immediate hospitality potential with stabilized residential returns. The commercial and residential units benefit from separate entrances, ensuring full operational independence for all occupants. Whether you are looking to establish a restaurant as an owner operator or seeking a diversified investment with significant revenue upside, this property stands as one of the most compelling opportunities in the Guelph market. (id:13843)
Details
| MLS # | X12955884 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 210 |
| Listing Provided By | Royal LePage Royal City Realty | HADEN FRANKE |
Features
| SQ Feet | 5,400 |
|---|---|
| Zoning | D.1-1 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 1 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 26700 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Guelph (Downtown) |
| Postal Code | N1H4E9 |
| Listing VS Median (in N1H4E9) | |
Price: $1,195,000 low | high Med: $677,500 sqft: 5,400 low | high Med: 4,205 $ / sqft: $221 low | high Med: $137 On site: 210 low | high Med: 148 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Guelph (Downtown) |
| Postal Code | N1H4E9 |
| Listing VS Median (in N1H4E9) | |
Price: $1,195,000 low | high Med: $677,500 sqft: 5,400 low | high Med: 4,205 $ / sqft: $221 low | high Med: $137 On site: 210 low | high Med: 148 | |