For Sale

40 Main Street, Norfolk, Ontario N0E 1Y0

$1,300,000

40 Main Street, Norfolk, Ontario N0E 1Y0 is For Sale and has a listing price of 1,300,000. The property is located in the Waterford neighbourhood . It's been on the website for 8 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12213767
  • Office Name RE/MAX CROSSROADS REALTY INC.
Property Description

Established Chinese-Western Restaurant with -prime Downtown Location. Well-known, long-standing Chinese-Western restaurant located in the heart of a busy commercial downtown area. This 80 seat restaurant enjoys strong foot traffic and a loyal customer base, with consistent business over the years. The property includes two large, self-contained residential units upstairs (one 6 bedroom and one 4 bedroom), offering excellent options for live-in owners or rental income. Ideal for entrepreneurs, family-run operations, or anyone looking to rebrand with a new restaurant concept. Whether you continue the current format or launch a fresh idea, this is a rare turnkey opportunity in a proven location. The owner’s wants retire!!

Property Details
  • MLS ID: X12213767
  • Price: $1,300,000
  • Lot Depth: 134.47
  • Transaction Types: For Sale
  • Ref ID: X12213767
  • Year Built: N/A
  • Dir / Cross St: Main St s/Nichol St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/11/2025 X12213767 $1,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterford
  • $914,633 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.67 % Up
  • Sold (12mo) 12
  • Rented (12mo) 2

  • 1 Month Change +101.2%
  • 3 Month Change +64.1%
  • 6 Month Change +58.4%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Lane
  • Taxes: $6,980
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60 days-TBA
  • Listing Entry Date: 11/06/2025 19:03:43
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