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Key Details
Sold Price $645,000
Property Type Commercial
Sub Type Hospitality,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,531 sqft
Price per Sqft $421
MLS Listing ID 40738263
Sold Date 08/26/25
Abv Grd Liv Area 1,531
Year Built 1985
Annual Tax Amount $5,586
Property Sub-Type Hospitality,Building and Land
Source Cornerstone
Property Description
Welcome to Izzy's Schooner Restaurant & Patio Lookout, where dedication and hard work have transformed this establishment into a thriving and lucrative venture. Situated in the bustling downtown core mere minutes away from the public beach, two marinas, and the Provincial Park, this approximately 1,521 Sq.Ft. restaurant offers seating for 45 indoors and 79 outdoors on the spacious 41'x 48' deck showcasing stunning views of the Big Otter Creek, marina, and HMS Ojibiwa. Delight in a meal and drinks on the patio deck and Tiki Hut, conveniently accessible from the street. This enticing opportunity includes a large basement bursting with untapped potential; with the right adjustments, it could potentially become a basement apartment - buyer to confirm feasibility. Notably, this building is not leased, meaning you would be acquiring both the business and the building, fully equipped to seamlessly continue operations. Furthermore, the seller is open to providing guidance and knowledge to ensure the business maintains its current prosperity. Port Burwell, a vibrant beachside community on Lake Erie's north shore, provides the perfect backdrop for this remarkable opportunity. Call your realtor today and get all the information you need on your next Business Venture.
Location
Province ON
County Elgin
Area Bayham
Zoning C-1
Direction HWY #19 S turns into Robinson St. (Downtown Port Burwell)
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Exterior Feature Grade Loading, Storage
Parking Features Asphalt
Parking On Site 4
Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights
Lot Frontage 66.0
Garage No
Building
Lot Description Irregular Lot, City Lot, High Traffic Area, Marina, Public Transit, Schools, Visual Exposure
Faces HWY #19 S turns into Robinson St. (Downtown Port Burwell)
Story 1
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 353230122
Ownership Freehold/None
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Doug Folsetter
Sales Representative | License ID: 4729737
Sales Representative License ID: 4729737