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The property is improved with a two-storey, single tenant retail building with second floor and basement residential apartments. The ground floor retail space is approximately 3,600 square feet and there are 11 residential units on the second floor and 7 residential units at the basement level. The building was constructed in 1952. The ground floor is fully occupied by Crossroads Pool Hall and Pub which is available for sale as part of this offering. This business has an liquor license that is valid until 2017. The establishment is licensed for 89 seats inside and 20 seats on the patio for a total of 109 seats. The business generates approximately $250,000 in gross revenue per annum.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.