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Home NB Norton
109 Upper Midland Road
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109 Upper Midland Road $850,000
$850,000
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109 Upper Midland Road
Bloomfield, New Brunswick E5T1Z8

MLS® Number: M161181

Listing Description

Established modern restaurant in beautiful country setting. This turn-key business is a great opportunity with loads of untapped potential and possibilities. Extremely popular with locals and tourists. This is a profitable business located in the heart of Kings County - between Sussex and Saint John. The licensed dining room seats 160 and has an additional 50+ seats on a beautiful outdoor 3 season patio overlooking the golf course in Midland. Other Features include 2 Indoor Dining areas (The main restaurant area on the main floor which includes a separate large room for private events. And a second restaurant area downstairs), 2 Bars (one on each floor). It comes fully equipped and furnished. Recent Renovations include fresh paint and flooring in the restaurant, and all new Kitchen Equipment! Approx. $12K in inventory to remain. In addition to having easy access to the Trans Canada Highway, the location of this restaurant has direct access to the groomed snowmobile and ATV trails, a great income opportunity to cater to outdoor enthusiasts. It is adjacent to Midland Golf Course. Weddings and year round catering are also additional potential incomes for this already bustling business. (27362303)

Location Description

From Highway 1 - Take Norton Exit (175). Turn onto Route 124 towards Norton. Follow 124 approx. 9 kms. Turn Left onto Upper Midland Road. Restaurant is approx. 1 km from the end of the road, on the Left side.

Property Summary

Property Type
Other
Title
Freehold
Land Size
3 - 10 acres
Built in
2007
Annual Property Taxes
$15,385.94
Time on REALTOR.ca
118 days

Price and Sale History

Date Status Price
Jul 28, 2020 Sale Closed $650,000

Building

Building Features
Features
Level lot, Golf course/parkland
Rental Equipment
Other
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump
Business
Business Type
Restaurant (Restaurant)
Neighbourhood Features
Amenities Nearby
Golf Course

Measurements

Square Footage
4480 sqft
Total Finished Area
4480 sqft

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3
Helena McDermott