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$300,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
86%
Opportunity awaits at Mo's Diner, a well-known local restaurant and established business in South Stormont, Ontario. Located in a convenient and accessible area serving the surrounding community and Cornwall region, this turn-key diner offers an exciting opportunity for an entrepreneur, chef, investor, or owner-operator looking to step into an established food-service business. Mo's Diner offers the charm and familiarity of a true local gathering place, with a loyal customer base and a welcoming atmosphere that keeps guests coming back. From casual breakfasts and lunches to coffee and conversation, the diner has become part of the community and offers a strong foundation for its next chapter. The business is equipped for restaurant operations, with a commercial kitchen and the infrastructure needed to continue operating as a diner or restaurant. A new owner can build on the existing concept while bringing their own ideas, menu, branding, and vision to the business. Whether you're looking to own your first restaurant, expand an existing food-service operation, or take over an established local favorite, Mo's Diner presents an opportunity to build on an existing presence rather than starting from scratch. Located in South Stormont, close to Cornwall and surrounding communities, this restaurant offers visibility, accessibility, and the opportunity to become the next chapter in a business with a place in the local community. Mo's Diner is ready for its next owner. Bring your vision, make it your own, and continue the story. 72hrs Irrevocable. Property must be purchased with the business. MLS#X13817674 (id:66811)
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Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$-1K
Cash-on-cash
-1.13%
DSCR
0.94
Going-in cap
5.20%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
56,092
Households
20,785
Median income
$128,000
Median age
37.9
Daytime population
50,564
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5104 HIGHWAY 138 HIGHWAY, South Stormont.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.