$ 788,000

181 George Street, Wellington North

Own the Business. Own the Building. Stop Paying Rent! A rare opportunity to own a profitable restaurant AND the commercial property-just 1.5 hours from Toronto in a thriving, fast-growing town. Turnkey restaurant (Approx. 1,300 SF) 56 indoor seats + Liquor Licence Fully equipped commercial kitchen Walk-in cooler with newly replaced compressor New AC& new windows throughout the building. Newly renovated facade. Renovation spent closed to $100k! Live Upstairs or Generate Rental Income 4 Bedrooms 2 Bathrooms Separate kitchen Separate entrance! Single Garage at the back. Huge potential! A large surplus lot at the rear offers exciting development potential: Possible lot severance (buyer to verify) Potential for future expansion Direct access to the Foodland parking lot and a shared laneway. Located in a prosperous community with: Three major manufacturing employers! Hundreds of new homes ! Strong local economy and growing customer base! Vendor Take-Back (Seller Financing) Available for qualified buyers. Own your future. Build equity. Unlock development potential. (id:1945)
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Property details for 181 George Street, Wellington North

Type
Commercial
Living Area
2,550 square feet
Lot Size
Bldg=17.58 x 208.98 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$4,145 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 181 George Street

Active Listings
22
Min Price
$299,000
Max Price
$2,399,000
Avg Price
$749,276
Days on Market
47
days
Sold Listings
6
Min Sold Price
$559,000
Max Sold Price
$1,050,000
Avg Sold Price
$741,467
Days until Sold
78
days

Neighbourhood Census Data

Wellington North, Ontario

Population
527
Median Age
34.4
Median Income
$37,205
Dwelling Value
$214,673

Housing Tenure

Owners 81%
Renters 22%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 1,811.6/km²
Avg Shelter Cost: $1,182/mo
Owners with Mortgage: 69.7%
Owners Spending 30%+: 12.1%
Tenants Spending 30%+: 37.5%
English only: 98.1%
English and French: 1.9%
Median Household Income: $66,304
Median Employment Income: $35,712

Price History

Listed
July 19, 2026
by RE/MAX ELITE REAL ESTATE
Current Price
$788,000
Type
Commercial
For Sale
181 George Street

Contact Agent Get in touch about 181 George Street, Wellington North

CELINE XU
RE/MAX ELITE REAL ESTATE

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