$899,900 +GST/QST
ULS: 17018353
Commercial for sale - Thorne
2144 Route 303, Thorne
Very popular & profitable family owned restaurant/bar for sale after 25 years with same owners. Ladysmith Hotel is a fan favourite & destination for snowmobilers, ATV's, fish & game enthusiast or anyone looking for a great meal and good times. With seating for over 100 guests, the business is always busy & return clients gladly wait their turn for a table. Immaculate & well laid out kitchen facilities make cooking a breeze. Very large 3 storey building with 15 vacant rooms on the 2nd and 3rd floors- rooms could be rented out as offices, storage space or renovated as short term rentals. Amazing turnkey business in the heart of the Pontiac.
Lot area
3,288.70 m²
CLAIRE GAUTHIER
Residential and Commercial Real Estate Broker
RE/MAX DIRECT INC.
Addendum
World famous Ladysmith Hotel
-Located on the very busy intersection of Highway 303 and Highway 366
-Fully functioning and equipped bar restaurant
-15 empty rooms on floors 3 and 4 could be rented out as office space, storage space, or short term rentals
-Excellent revenues despite being open only four days a week and closed at 9pm.
-Host to numerous snowmobile/ATV clubs and gatherings as well as Trivia nights and Octoberfest
-Host to numerous fish & game clubs banquets and dinners
Upgrades and features
-Over $40,000 in renovations in 2023 alone
-Re-pointed stone, basement and foundation
-AC in kitchen, stairs in basement
-Kitchen completely repainted
-Beer cooler refurbishment
-Moneris POS system
-Professional exhaust hood and fire suppression system (Ansul)
-Fully equipped, professional kitchen, including three friars and commercial dishwasher (leased)
-3 liquor licenses
-New 1700 gallon septic tank and weeping tank in 2010
-2 Wi-Fi cameras
-All wall decorations are negotiable with offers
-Whole electrical panel surge protector
-Excellent quality and quantity fresh water from shallow well
-Located on the very busy intersection of Highway 303 and Highway 366
-Fully functioning and equipped bar restaurant
-15 empty rooms on floors 3 and 4 could be rented out as office space, storage space, or short term rentals
-Excellent revenues despite being open only four days a week and closed at 9pm.
-Host to numerous snowmobile/ATV clubs and gatherings as well as Trivia nights and Octoberfest
-Host to numerous fish & game clubs banquets and dinners
Upgrades and features
-Over $40,000 in renovations in 2023 alone
-Re-pointed stone, basement and foundation
-AC in kitchen, stairs in basement
-Kitchen completely repainted
-Beer cooler refurbishment
-Moneris POS system
-Professional exhaust hood and fire suppression system (Ansul)
-Fully equipped, professional kitchen, including three friars and commercial dishwasher (leased)
-3 liquor licenses
-New 1700 gallon septic tank and weeping tank in 2010
-2 Wi-Fi cameras
-All wall decorations are negotiable with offers
-Whole electrical panel surge protector
-Excellent quality and quantity fresh water from shallow well
Building details and property interior
Dimensions
54' X 36' irr.
Year constructed
1886
Living area
2,000 ft²
Windows
PVC, Wood
Siding
Vinyl, Steel
Roofing
Sheet metal
Basement
6 feet and more, Unfinished
Lot and exterior features
Lot size
127' 10" X 211' 3" irr.
Lot area
3,288.70 m²
Distinctive Features
Street corner
Driveway
Unpaved
Parking (total)
Driveway (50)
Characteristics
Heating System
Forced air
Heating Energy
Heating oil
Property or unit amenity
Central air conditioning
Rented Equipment (monthly)
Dishwasher (124)
Water Supply
Shallow well
Sewage System
Weeping tank, Septic tank
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 9,500
- Building assessment
- $ 178,800
- Total
- $ 188,300
Taxes
- Municipal (2023)
- $ 1,186
- School (2024)
- $ 154
- Total
- $ 1,340
Inclusions and exclusions
Inclusions
All restaurant and bar equipment, furniture and fixtures. A list can be provided with a submitted offer. All inventory at the time of sale, generator, central A/C and wall units.
Exclusions
Personal items, some of the decorations (wall mounts) and other memorabilia. Dishwasher is leased 124$/month.
Mortgage payment calculator
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