BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with ...a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
Full Property Details
General
Business Type
Bar/Tavern/Pub
Retail Area
3500.00 Sq Ft
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Bar/Tavern/Pub
Retail Area
3500.00 Sq Ft
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
5
Heating Fuel
Elec Forced Air
Air Conditioning
Yes
Washrooms
5
Heating Fuel
Elec Forced Air
Air Conditioning
Yes
Exterior
Depth
165.53
Front
68.5
Lot Size
69 x 165.53 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Commercial
Depth
165.53
Front
68.5
Lot Size
69 x 165.53 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Commercial
Building Description
Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
No Data
Community
Community
Elmvale
Community
Elmvale
Taxes & Fees
Taxes
$3,718.70 /yr
Tax Year
2025
Occupancy
Owner+Tenant
Taxes
$3,718.70 /yr
Tax Year
2025
Occupancy
Owner+Tenant
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