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$299,000 Sale
Listed 73 days ago
1287 Madison Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 1287 Madison Street
Key Facts
Key facts for 1287 Madison Street
Property Type
Commercial
Parking
Public
MLS #
S13697332
Size
-
Basement
-
Listed on
2026-08-20
Lot size
1538 x 2226.44
Tax
-
Days on Market
74
Approximate Age
-
Maintenance Fee
-
Description
The very popular Captain's Grill Diner of Severn is a classic and long standing restaurant in a truly unique location just off Highway 11 at the gateway to Muskoka, just north of Orillia.Well known by cottagers, skiers, locals, transient workers, and travellers heading north and south. This 1,500 Sq... Ft restaurant is licensed for 28 inside plus 12 on the screened-in patio,with parking for 23 and very little nearby competition. Full commercial kitchen with a 8-ft commercial hood and a proven operation boasting great income and impressive margins. Incredibly low rent of only $857 Gross Rent including TMI with 3 + 5 + 5 years remaining. A rare opportunity to take over an established restaurant with extremely low overhead in a strategic Highway 400 location. Please do not go direct or speak to staff or ownership.
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY