Creemore, ON L0M 1G0,157 Mill Street
Creemore, ON L0M 1G0,157 Mill Street
Creemore, ON L0M 1G0,157 Mill Street
$790,000
Est. payment /mo
$895,000
11.7%
Est.Price: ?

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SOLD DATE : 03/25/2024

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

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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Listed by RE/MAX Creemore Hills Realty Ltd., Brokerage

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