3 Prospect Avenue, Cobalt MLS Number: T13597924
Cobalt, Timiskaming, ON, P0J 1C0$294,500
Status: For Sale
- Property Type: Commercial (Store W Apt/Office)
- Property Taxes : $6620.68 (Tax Year:2026)
- Listing Courtesy : Royal Lepage Best Choice Realty
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$294,500
Status: For Sale
An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8,000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly Fish Friday event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity
| Property Type | :Commercial |
|---|---|
| MLS Number | :T13597924 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :27 Jul, 2026 (1 Day ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Timiskaming |
|---|---|
| Postal Code | : P0J 1C0 |
| Price | : $294,500 |
|---|---|
| Property Taxes | :$6620.68 |
| Tax Year | :2026 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Electric Forced Air |
| Cross Street | :Silver |
| Fireplace/Stove | :No |
|---|
23 Jul, 2026
TREB #T13597924
Listed
$294500.0
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