64 King St E

Unlimited Opportunities: Investment Property Overview-This unique property offers three income-generating apartment rentals, a versatile restaurant space with both a patio and an indoor dining room, and ample parking. Perfect for an investor or entrepreneur looking to capitalize on multiple revenue streams, this property boasts limitless potential. Key Features: Apartment Rentals Three separate rental units, each with comfortable layouts. Steady rental income potential from long-term tenants or short-term leases. Opportunity to renovate or modernize for increased rental value. Restaurant Space- restaurant with both indoor and outdoor seating options. Parking: Ample on-site parking, accommodating tenants, customers, and employees. Convenient layout ensures accessibility and enhances the customer experience. Why This Property? Diverse Income Streams: Rent from apartments, restaurant operations, and parking fees, if applicable. Flexibility: Thriving Restaurant Space Eat-In, Takeout & Patio Dining Potential. The commercial portion of this property is a fully equipped restaurant offering multiple distinct dining areas designed to accommodate a wide range of customer experiences: Sunroom: Bright and inviting, seats up to 29 guests; ideal for casual meals or private functions. Heritage Dining Room: Warm, classic atmosphere with seating for 45 guests, perfect for formal dining or special events. Patio: Spacious seasonal patio with capacity for 73 guests, offering a fantastic al fresco experience that draws crowds in warmer months. Whether you're envisioning a full-service restaurant, a bustling takeout hub, or a vibrant seasonal destination, this setup supports multiple service models with ease. What a great opportunity to capitalize on eat-in dining, takeout, and outdoor seasonal service all from one dynamic location! (id:54626)