Welcome to 39 Arthur Street, a rare opportunity to own a prominent mixed-use commercial property in the heart of downtown Elmira. Situated on a highly visible corner lot along one of the town’s most established commercial corridors, this property offers a compelling combination of restaurant, residential, and investment value.

The main floor is home to a long-standing restaurant that has successfully served the community for over two decades. Fully equipped and exceptionally maintained, the space features a commercial kitchen with a large exhaust hood, generous prep and storage areas, and infrastructure suitable for a variety of hospitality concepts. A liquor licence permitting up to 90 seats provides excellent flexibility for dine-in operations and future growth.

Adding to its appeal, a portion of the restaurant space is leased from the neighbouring property, expanding the operational footprint while maintaining attractive occupancy costs.

Above the restaurant is a spacious three-bedroom residential apartment, creating an ideal opportunity for owner-operators, staff accommodation, or additional rental income. The combination of commercial and residential uses offers diversified revenue potential and long-term investment stability.

Whether you’re an entrepreneur seeking a turnkey hospitality operation, an investor looking for multiple income streams, or an owner-operator wanting to live and work in the same location, 39 Arthur Street presents a unique opportunity to acquire a well-established downtown landmark in one of Waterloo Region’s most desirable communities.

• Prime downtown Elmira corner location
• Established restaurant operating for over 20 years
• Liquor licence for up to 90 seats
• Fully equipped commercial kitchen
• Spacious 3-bedroom residential apartment
• Mixed-use investment opportunity
• Multiple income stream potential
• Four on-site parking spaces
• Strong community presence and loyal customer base
• Located in a thriving and growing Waterloo Region market

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