29634 Talbot Line Wallacetown, Ontario N0L 2M0

$1,500,000

Opportunity Knocks! This location has served 2 generations with a successful family business for nearly 40 years. Just mention The Tall Tales Cafe to people in Elgin County and most have heard of it, been there and raved about the great service and food. This mainstay business is the hub of a much larger community and serves as the go to for fuel, food, mail and general supplies. Wallacetown is located between the 401 (take the Dutton/Dunwich exit) and lake Erie. It sees year round traffic to the many cottagers, trailer and camping enthusiasts, and nature-trail lovers in the area. A well trusted and frequent stop for the locals, motorcyclists, cyclists, and day trippers who value the fantastic food, friendly staff and that down home feeling. The gas tanks are fully TSSA certified, double walled fiberglass tanks. 2 x 35000 L., 1 x 25000 L with fusion self serve consoles. This site is currently a busy 25 seat (55 seats pre-covid) restaurant with a 35 seat patio, Canada post Express with sorting contract, OLGC lottery terminal license, Variety store, and dry cleaning depot. Fully certified commercial kitchen with ample work space and storage. The building lends itself to other possible uses including commercial food production, food franchise, micro brewery, country store, garden center, hardware store, etc. Above the commercial space is a spacious 3 bedroom, 1.5 bath, fully renovated (in 2018) apartment that could be rented at market value or owner occupied. Renovations included new insulation, drywall, paint, subflooring, vinyl flooring, bathrooms, appliances, high efficiency gas furnace, and air conditioners. The building sits on a huge lot with a 150 feet frontage on the street behind and may have a potential for development. The back yard currently has 5 x 32 foot raised beds for growing your own produce which is used in the restaurant and catering business. Building upgrades also include new electrical service and a 47 KW high efficiency gas Generac generator. (id:19716)

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https://www.realtor.ca/real-estate/23553136/29634-talbot-line-wallacetown