NewFor Sale

3 Prospect Avenue
Cobalt, Timiskaming, ON, P0J 1C0

Store W Apt/Office
TRREB
MLS® Number: T13597924
$294,500List Price
Store W Apt/OfficeProperty Type
8,800 sq ftSize
$6,620.68 / 2026Taxes (Annual)
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Listing History

Buy/sell history for 3 Prospect Avenue, Cobalt, ON P0J 1C0

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Description

An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$6,620.68 / 2026
Listing #:T13597924
Property Type:Store W Apt/Office
Building Age:51-99
Size:8,800 sq ft
Land Size:41.25 x 110
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE BEST CHOICE REALTY

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Cobalt
Municipality:Timiskaming

Building

Size:8,800 sq ft
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air
Utility Sewer:Sanitary

Land

Cross Street:Silver

$294,500

List price

3 Prospect Avenue, Cobalt – Store W Apt/Office for sale · MLS® # T13597924