Property Description

Unique mixed-use property offering excellent potential for an owner-occupant or investor, with zoning that permits a two-family detached dwelling. The second floor features an existing 3-bedroom, 1-bath apartment currently rented for $600/month, while the expansive first floor is currently home to the Stone Bar Inn. For buyers looking to maximize the residential potential, the first-floor space offers an opportunity to be converted into a second residential unit, subject to applicable municipal and building approvals. Its substantial footprint provides plenty of flexibility to create a spacious unit while retaining the existing second-floor apartment. The property also features a large parking lot with space for 20+ vehicles, providing exceptional off-street parking, along with a spacious 19' x 39' garage with electric service and a garage door opener for additional parking, workshop, or storage space. A separate small cottage provides additional storage and further possibilities. Replacement windows are found throughout, along with newer metal roofs on the house (2024) and main building (2015). The existing first-floor space includes a commercial kitchen, main bar, billiards room, high-top seating area, foyer/game room, storage, and an updated walk-in cooler. Offered as real estate only, with the option to purchase the R-1 Liquor License for an additional $209,900. Whether continued as a mixed-use property or repositioned as a two-unit residential investment, this property offers a unique combination of income potential, abundant parking, garage and storage space, and flexibility for its next owner.

Property Features

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