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Restaurant/Buildings/Land for Sale

Current layout is Family Rest. (86 Lic.). Used to be 3 bus. but converted to 1. Easily converted back to 2 if wish as each has separate water, hydro, meters etc. Could be 3 rental properties. Other smaller part is used as common access for Busy Modern Bowling Center & Rest. Comes with rental income for this shared access & parking & lease income for the restaurant. Excellent 'walk thru/by -drive by' traffic. Small house for storage. Property borders Main St. & 2 busy side st. & is 'almost ready' for Drive Thru. Vacant lot on side resulting in incredible visibility, growth / expansion. Rest. is RECENTLY leased. Now 2 rental incomes. Also licensed for 48 seat patio. All equip. is in an 'almost new state'. Appraised $250k in1989 (empty building & gravel lot). Building now fully modernized / renovated. REDUCED to $259k Dec 9/08. Busy "Military" growing town of ~ 18,000 residents. Near Bay of Quinte / Trent river / Hwy 401 . Basically at this point in time you would be owner / landlord of this property. A new rest has opened for 1 year & 2 months. Rest. has again been repainted / remodeled to suit (they paid). Property enjoys lease income from the adjoined BC for their shared use of a mutual entrance / exit & Parking lot. The rest pays a lease (wkly) as well. The BC is in 3nd yr of 5yr lease . Rest. is in 2nd yr of a 5 yr lease. Both have right to renew 5 yrs. Escalation clauses built in. Right to increase every yr in Rest. & pre defined rent increases - BC. All utilities remained in my name & weekly rent includes prorated charges for utilities. Tenant is responsible all maintenance, repair, replacement of all systems / structures, snowplowing insurance etc. I pay taxes & insurance. Both lessee's enjoy 7 day right of refusal.