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Key Details
Sold Price $790,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40544880
Annual Tax Amount $11,359
Property Description
Situated in the charming Village of Creemore, Ontario, right on the main street, stands the historic and iconic "The Sovereign" Hotel/restaurant. This establishment has played a significant role in the community's rich history. Unfortunately, a fire in December 2022 has left the property in a state of suspension, awaiting reconstruction. The opportunity has emerged to revitalize this property in Creemore, a dynamic village boasting a charming main street adorned with an array of shops, eateries, and amenities. Noteworthy for housing the renowned Creemore Springs Brewery, Creemore is conveniently situated in close proximity to Blue Mountain Resort, various ski slopes, golf courses, hiking trails, and the recreational offerings of Georgian Bay. Its accessibility from Toronto renders Creemore an ideal destination for a day trip. Formerly known as "The Sovereign," the building accommodated a celebrated restaurant for many years along with six apartments. Positioned on a prominent corner lot, this three-and-a-half-story structure occupies a prime location with excellent visibility.
Location
Province ON
County Simcoe County
Area Clearview
Zoning C1
Rooms
Other Rooms Second Garage
Kitchen 0
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water, Cable Available, Cell Service, Electricity Connected, Street Lights, Phone Available
Waterfront No
Building
Lot Description Urban, Irregular Lot, Business Centre, City Lot, High Traffic Area, Visual Exposure
Sewer Sewer (Municipal)
Water Municipal
New Construction No
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