1303 Maryhill Road is a unique opportunity to own a 7,700 sqft commercial/ residential building on 1.7 acres with endless potential! It has versatile C3 zoning meaning it could be used as a restaurant, bed & breakfast, wedding/event venue, hair salon, craft brewery, offices, mixed residential, a boutique hotel & more! This is the perfect opportunity for entrepreneurs, multi-generational families, investors or developers!! The township is encouraging a 1-acre lot to be severed off of the property which would be valued between $800,000 – $1,000,000.
The building currently consists of a large tavern that is licensed for 189 people inside and 29 on the front patio and then 3 residential units. The charming tavern offers a large bar, stage, a dance floor, bathrooms & ample indoor/outdoor seating. There is also a fully equipt kitchen, storage room & two bathrooms.
Just when you think it couldn’t get any better, it does! The building also features 3 lovely suites that could be used as Airbnb, a bed & breakfast or as long term rentals! It is also ideal for a multi-generational family! The main floor 1-bedroom suite boasts a beautifully renovated kitchen open to the spacious living room featuring a charming brick fireplace. There is a large bedroom with vaulted ceilings & an updated 3 piece bathroom with subway tile backsplash. Upstairs you’ll find a gorgeous 2 bedroom suite featuring a lovely eat-in kitchen with trendy wood counters, open shelving & a large centre island. The living room features a cosy fireplace & a garden door leading to a private terrace with bench seating. The master bedroom offers a massive walk-in closet! There is also a 3 bedroom suite that is loaded with charm & character!
The massive 1.7 acres lot offers a huge parking lot with an abundance of spots. There is the potential to sever 1 acre of the lot or to use the land for further development. The large grass area would be a great place to set up an outdoor area for wedding ceremonies!
You can’t beat this fantastic location! The tavern is nestled in the charming town of Maryhill conveniently located less than 20 minutes from KW, Elora, Fergus, Cambridge & Guelph.