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29634 Talbot Line

Wallacetown, ON N0L 2M0
  • $1,500,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 40146527
UPDATED: 47 min ago
$1,500,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:

Description

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.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-01-21T14:21:37.283.
www.enveloperealestate.com/homes/120628265
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29634 Talbot Line Wallacetown, ON N0L 2M0

  • Price: $1,500,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 47 min ago
  • MLS #: 40146527
0
Beds
0
Baths
0
½ Baths
0.85
Acres
Neighbourhood:
Wallacetown
County:
Elgin
Area:
Dutton/Dunwich
Property Description
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.
Exterior Features

Construction Materials Board & BattenConcrete BlockWood Direction Faces South Exterior Features BalconyGas Pumps Features In Area Ample ParkingBeachCampgroundCorner SiteDowntownForest ManagementGolfGreenbelt/ConservationHigh Traffic AreaHighway AccessLake/PondLandscapedLibraryMajor HighwayMarinaParkPlace Of WorshipPlayground NearbyQuiet AreaRec./Community CentreSchool Bus RouteSchoolsTrails Fronting On North Lot Size Area 0.8470 Parking Features Asphalt Parking Number Dedicated Spaces 25 Parking Total 25 Water Front YN No

Interior Features

Accessibility Features Level EntranceNeighborhood With Curb RampsOpen Floor PlanParking Basement YN No Building Area Total 5000.00 Cooling Central Air Cooling YN No Flooring ConcreteLinoleum/Vinyl Heating Forced AirUnit Heater Interior Features Accessory ApartmentPublic WashroomsSeparate Heating ControlsStorageStorefrontWater Heater OwnedWater Meter Kitchens Total 0 Office Apartment Area 2000

Property Features

Amps 200 Assessment Year 2021 Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Curry Road Electric Single Phase Foundation Detail Slab Laundry Features In-SuiteUpper Level Lot Front 124.00 Lot Shape Irregular Mls Status Active New Construction YN No Property Sub Type Building And Land Security Features Alarm SystemCarbon Monoxide Detector(S)Concierge/SecuritySecurity SystemSmoke Detector(S) Sewer Septic Stories Total 2.0 Under Contract Alarm System Utilities Yes Volts 240 Water Source Municipal

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Perry Caskanette of Sutton Group - Select Realty Inc., Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-01-21T14:21:37.283.
 
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