54 Foster St - Storefront Retail/Residential FOR SALE


Perth, ON K7H 1S1
$899,000 CAD
416-618-0054
54 Foster St, Perth, ON for Sale
$899,000 CAD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

54 Foster St
Perth, ON K7H 1S1


HIGHLIGHTS

  • Proven location with strong community support.
  • Located in a prime area of Perth.
  • Vibrant collection of surrounding retail.
  • Property provides long-term stability and opportunity.

OVERVIEW

Gorgeous restaurant with property in the heart of downtown Perth, one of Eastern Ontario’s most charming and historic communities. Bistro 54 has been a staple of the local dining scene since 2004, serving homemade Italian cuisine with an outstanding reputation, excellent reviews, and impressive sales. This is a rare opportunity to acquire both a successful hospitality business and the real estate it operates from. The historic, multilevel building, circa 1858, offers a warm and inviting atmosphere with seating for 55 inside plus an additional 32 seats on the patio. The chef’s kitchen is equipped with an 8-ft commercial hood and a walk-in fridge, making it ideal for continued operation as a restaurant or conversion into a different concept, cuisine, or franchise. Own the property and take advantage of a proven location with strong community support, established clientele, and income for ownership. The building features 200-amp power, one parking space, and is available with training to ensure a smooth transition. Please do not go direct or speak to staff or ownership. Located in the heart of downtown Perth, this property benefits from one of Ontario’s most picturesque and well-preserved historic main streets. Perth is a thriving destination for tourism, events, and year-round visitors, drawing residents and travelers alike to its vibrant collection of shops, restaurants, galleries, and waterfront attractions. The building occupies a premium downtown location surrounded by heritage architecture and strong local businesses. Ownership of the property provides long-term stability and the opportunity to build equity while operating your own business in a community known for its charm, strong demographics, and growing visitor economy. The multilevel layout offers flexibility for a variety of hospitality concepts while retaining the character and appeal that customers seek in a downtown dining destination. With 200-amp power, on-site parking, and a proven location that has served the community for decades, this is a rare chance to own a landmark hospitality property in one of Eastern Ontario’s most desirable small towns.

FOR SALE DETAILS

PRICE

$899,000 CAD

PRICE/SF

$322 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1858

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,279 SF

ZONING

C1

APN/PARCEL ID

92102004509600

ASK ABOUT THIS PROPERTY

Ryan EarlCarve Real EstateMore Info
416-618-0054

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Ryan EarlCarve Real EstateMore Info
416-618-0054

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.