$1,999,000
For sale: Other

Entrepreneurs - Live your Dream!! Do you have a Growth Mindset? This Golden Opportunity is for you. Located just minutes from Friday Harbour, yet without the Regulations! For over 40 years, this Beloved Four Season, 5* Rated Big Bay Point Family Restaurant is combined with a quaint residence awaiting its next incarnation!!Physical details:Lot: 185.98' Frontage and 135' Depth* 24,989.33 sq ft; 0.575 Acres Restaurant/Retail: 1,663 sq.ft. licensed for 100 seats including 30 seat licensed patio; Full Kitchen w/walk/in cooler and recent renovations including:Parking for 40 Single-Family Loft Residence: One Br and 1.5 Baths Built in 2002 and substantially renovated 2023 w/1,072 sq ft; 746' on Main level, 326 in loft + Delightful, fully landscaped Private entertainment venue which benefits residence and/or the restaurant.Various options for Use:1.Owner/Operator: Live onsite and run the restaurant or expand restaurant to maximize capacity of liquor license;2.Investor: Lease restaurant and the Residence or Potentially sever the property and perhaps add an additional residence (subject to approval);3.Expand Potential uses such as a wine bar, micro-brewery or party venue.Commercial C-1 Zoning permits business, rental or development opportunities.Attachment with List of Chattels and Fixtures Included is Attached;Property Sold in AS IS condition. Seller makes no warranties or representations. Buyers to perform their own due diligence regarding the property and potential uses.
Sold data
Homes in Innisfil took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 174 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $700,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 174 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Innisfil has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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