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3 PROSPECT AVENUE
Cobalt Ontario P0J1C0 Canada

$294,500

Active Listing ID T13597924
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8,800 square feet
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Retail

$294,500

Active Listing ID T13597924
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3 PROSPECT AVENUE 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 (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 7/23/2026 5:25:13 PM GMT
Source Updated Date: 7/24/2026 12:02:39 PM GMT

Courtesy of: Suzanne Othmer, Broker of Record, ROYAL LEPAGE BEST CHOICE REALTY