$469,900

About this home

This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers. (id:65958)

Subtype

Business

Community

530 - Pembroke

Living area

3,775 square feet

Lot dimensions

Bldg=24.5 x 99 FT

On market

Nov 4, 2025

Status changed

Apr 24, 2026

Annual tax

$3,448.05 (2025)

Zoning

C-3

Photos

24

MLS#

X12509664

Area

PEMBROKE

Features and systems

Mortgage estimate