Welcome to Bistro 54, Perth, Ontario's first & only Italian Restaurant since 2005. Located in one of Canada's oldest & prettiest towns sits this beautiful 3 story stone building, built in 1858 by European masons. What you have with this incredible business & property is a turnkey, well maintained, upgraded, solid & well established business with over 8000 seated guests per year & a proven profitability formula. Three floors of renovated space totaling 2788 sq. ft., semi-finished basement 1050 sq. ft., containing HVAC, fresh pasta production, dry storage & walk in cooler. The main floor boasts old world charm through out the 32 seat dining room, service bar, open kitchen & unisex washroom. The second floor also has a 32 seat dining room, 2 washrooms, bar & rustic exposed rough hewn joists & rafters. The third floor is the onsite 1 bedroom residence. This is your opportunity to take over the reins, showcase your culinary talents to become the next generation. Possible VTB
Address
54 Foster Street
List Price
$699,900
MLS® Status
Price Change
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Perth
Sub-Area
907 - Perth
Region
Lanark
Bathrooms
3
Lot Depth
68.65
Lot Type
Building
Lot Size Units
Feet
Lot Width
18.64
Parcel Number
051770089
Total Building Area
3885
Occupant Type
Owner
Cross Street
From Hwy 7 take Drummond St., towards downtown and turn right on Foster St., property will be on the left just past Gore St. Or turn onto Wilson St., towards downtown and turn left on Foster and property will be on the right.
Frontage Length
5.68
Approx. Age
100+ Years
MLS® Number
X9516108
Listing Brokerage
ROYAL LEPAGE INTEGRITY REALTY
Basement
Yes
Postal Code
K7H 1S1
Posession Details
TBA
Parking Spaces
1
Tax Amount
$7,742.00
Tax Year
2024
Pets
Unknown
Family Room
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Direction Faces
South
Garage Type
Unknown
Roof
Unknown
Tax Legal Description
Pt N 1/2 lt 2 S/S Foster St Pl 8828 Lanark S Drummond as in RS120398 T/W RS120398 Perth
Security Features
Yes
Sewer
Sanitary
Business Name
Bistro
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