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New · Listed Sep 17, 2026 · 40 days on market

13 Queen Street W, Springwater, ON L0L 1P0

$2,875,000

Commercial · Sale Of Business · For Sale

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 summary

TypeCommercial
SubtypeSale Of Business
Business typeBar/Tavern/Pub
Bathrooms5
Lot size68.5 × 165.53 ft
Taxes$3,719 / yr
GarageNone
PossessionFlexible
OccupantOwner+Tenant
Property
Lot width68.5
Lot depth165.53
Power & Services
Heating typeElectric Forced Air
UtilitiesYes
Residential
Bathrooms5
Zoning & Taxes
Taxes / yr$3,719
Tax year2025
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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