13 Queen Street W, Springwater, ON L0L 1P0

Property description

BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!

Property details

Garage

None

Cooling

Yes

Lot dimensions

68.5 × 165.53 Feet

Heating

Electric Forced Air

Annual taxes

$3,718.7 (2025)

Possession

Flexible

Features

• Major Highway
• Public Transit