For Sale Business

5104 Highway 138 Highway

$300,000 Est. $1,328/mo ↓

South Stormont, Ontario K0C 2A0

Bldg=157 X 307 Ft Lot size
1 day ago Listed
Virtual tour Fully Air Conditioned Forced Air

About this home

**BUSINESS ONLY** A fantastic opportunity to own an established restaurant business in South Stormont, Ontario. Mo's Diner is now available for purchase, offering an incoming owner the opportunity to take over an established local food-service business without the need to purchase the real estate. Mo's Diner has become a familiar gathering place in the community, serving customers with a welcoming atmosphere, classic diner fare, coffee, conversation, and plenty of local charm. This is an opportunity to step into an existing restaurant operation and build on the foundation already in place. The sale is for the business and its assets only. The restaurant premises are available to lease, providing a more accessible entry point for an entrepreneur, chef, owner-operator, or investor looking to enter the restaurant industry without the significant capital investment of purchasing commercial real estate. The existing restaurant setup, commercial kitchen, equipment, furnishings, and established presence provide an excellent starting point for a new owner. Continue the Mo's Diner concept or bring your own vision, menu, branding, and ideas to the space. Whether you're looking for your first restaurant, expanding an existing food-service business, or searching for an established diner opportunity in the South Stormont/Cornwall area, Mo's Diner offers the opportunity to take over a business with an existing customer base and community presence. Business and assets for sale. Real estate is not included in this listing. Premises available for lease. The next chapter of Mo's Diner is ready to be written. Bring your vision and make it your own. (Business can be purchased with Real Estate - please see MLS #X13817696 for property listing) (id:28469)

Virtual tour

Business

Business Type Restaurant
Business Sub Type Restaurant/pub
Name Moe's Diner

Facts & features

Property

MLS® Number
X13817674
Property Type
Business
Community Name
716 - South Stormont (Cornwall) Twp

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air

Land

Acreage
No
Size Depth
307 Ft
Size Frontage
157 Ft
Size Irregular
Bldg=157 X 307 Ft
Size Total Text
Bldg=157 X 307 Ft
Zoning Description
Cg-1

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$1,328/mo
Ontario land transfer tax
$2,975 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $2,975 back on land transfer tax.

The South Stormont (Cornwall) Twp market

59 Active listings
$580,000 Median asking price
48% below median This home
54 days Avg. time on market
Browse all South Stormont (Cornwall) Twp listings →

Location

5104 Highway 138 Highway, South Stormont, Ontario K0C 2A0  ·  Get directions

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