1303 Maryhill Road E

1303 Maryhill Rd E is a unique opportunity to own a 7,700 sqft commercial/residential building on 1.7 acres W/endless potential! It has versatile C3 zoning meaning it could be used as restaurant, bed & breakfast, wedding/event venue, hair salon, craft brewery, offices, mixed residential, boutique hotel & more! Perfect opportunity for entrepreneurs, multi-generational families, investors or developers! The township is encouraging a 1 acre lot to be severed off the property which would be valued between $800,000-$1,000,000! The building currently consists of a large tavern that is licensed for 189 people inside & 29 on front patio as well as 3 residential units! Charming tavern offers large bar, stage, dance floor, bathrooms & ample indoor/outdoor seating with large capacity. There is a fully equipped kitchen, storage room & 2 bathrooms. Just when you think it couldn't get any better, it does! The building also features 3 lovely suites that could be used as Airbnb, bed & breakfast or as long term rentals! Its also ideal for a multi-generational family! The main floor 1-bedroom suite has beautifully renovated kitchen which is open to spacious LR W/brick fireplace. There is a large bedroom W/vaulted ceilings & updated 3pc bath W/subway tile backsplash. Upstairs is a gorgeous 2-bedroom suite W/eat-in kitchen W/trendy wood counters, open shelving & large centre island. LR features cozy fireplace & garden door leading to private terrace W/bench seating. The master bedroom offers massive W/I closet! There is also a 3-bedroom suite that is loaded W/charm & character! Massive 1.7 acre lot offers a huge parking lot W/an abundance of spots. There is the potential to sever 1 acre of the lot or to use the land for further development! The large grass area would be an ideal set up for an outdoor area for wedding ceremonies! Can't beat this fantastic location! Nestled in charming town of Maryhill conveniently located less than 20-min from KW, Elora, Fergus, Cambridge & Guelph!