47 Frances St, Thessalon
Step into the heart of small-town hospitality with this well-established family homestyle cooking restaurant, proudly operated by the same owners for the past 27 years. Known throughout the community for its welcoming atmosphere, homemade meals, and loyal customer base, this is the kind of place where everyone knows your name and visitors quickly feel like regulars. This thriving business offers exceptional income potential with a strong reputation built over decades of community support and repeat clientele. Situated on a large lot, the property also features a garage and ample space for expansion or future development. Whether you envision additional seating, a catering kitchen, retail space, rental units, or another income-generating venture, the possibilities are endless. The property presents exciting opportunities for passive income and long-term growth while continuing to operate a beloved local staple. Community driven and full of charm, this is more than just a restaurant - it’s a destination where families gather, stories are shared, and traditions continue. A rare opportunity to own a successful business with deep roots, endless potential, and a true hometown feel. (id:1945)
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Property details for 47 Frances St, Thessalon
- Type
- Commercial
- Living Area
- 1,400 square feet
- Basement
- Crawl space
- Parking
- Other, Gravel
- Heating
- Forced air, Natural gas
- Exterior
- Vinyl, Siding
- Annual Taxes
- $2,580
Nearby Listings Stat
Estimated price and comparable properties near 47 Frances St
Active Listings
13
Min Price
$49,900
Max Price
$494,000
Avg Price
$255,154
Days on Market
92
days
Sold Listings
5
Min Sold Price
$199,900
Max Sold Price
$349,900
Avg Sold Price
$261,520
Days until Sold
48
days
Neighbourhood Census Data
Education Level
Housing Age
total_population: 365%
english_speakers: 365%
afrikaans_speakers: 5%
multiple_responses: 5%
official_languages: 360%
english_non_official: 5%
Price History
Listed
May 12, 2026
by Exit Realty True North
Current Price
$475,000
-5% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $475,000 | $24,900 (-5%) |
| Jul 15, 2026 | $499,900 | Listed |
