$294,500
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3 Prospect Avenue, Cobalt, ON P0J1C0

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- Beds
0 Baths
8,800 Sq Ft

An incredible opportunity awaits in the downtown core of Cobalt, the historic silver capital of the world. This massive commercial property offers over 8, 000 sq. ft. of prime main-floor space, uniquely designed to feature a full-service restaurant on one side and a bustling pizza takeout operation on the other. Exceptionally well-supported by the loyal local community, the business is famous for its monthly "Fish Friday" event, which consistently draws a packed house. This is a true turnkey operation-the current owners are looking to retire and are offering the complete restaurant fully equipped with updated machinery and recently refreshed, modern decor. Best of all, the dedicated, experienced staff are willing to stay on, ensuring a seamless transition for the next owner. The building also includes an excellent lower-level owner's apartment featuring 2 bedrooms with plenty of other space and a private bathroom, providing the perfect live-work setup or an additional rental income stream. Private parking for the owners is conveniently located at the rear of the property. Priced at asset value, the asking price reflects the cost of the real estate alone-meaning you receive a fully operational, fully equipped restaurant business practically included. Don't miss out on this remarkable investment opportunity (id:58753)

Listing By: Suzanne Othmer - ROYAL LEPAGE BEST CHOICE REALTY cncrea2 Realty.com
  • MLS® T13597924
  • Date Listed07/23/2026
  • Days on Realty 7 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Other
  • Property Type Mixed Use
  • Water Public
  • Square Feet 8,800 sq. ft
  • Price Per Sq. Ft $33.47

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size

Directions

Cross Streets: Silver. ** Directions: Right downtown on Hwy 11b.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for P0J1C0

Discover key demographics, population statistics, and environmental insights for the Cobalt, ON area.

Walkability in ON / P0J1C0

Source: Walk Score

40/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

36/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 14/100.

Frequently Asked Questions for 3 PROSPECT AVENUE

Source: Realty.com

3 PROSPECT AVENUE, Cobalt, ON P0J1C0 in Cobalt, ON P0J1C0 is a mixed use listed at $294,500. Highlights include 8,800 sq. ft., $33 per sq. ft.. Realty.ca has 8 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 8 photos of 3 PROSPECT AVENUE.

The full address for this home is 3 PROSPECT AVENUE, Cobalt, ON P0J1C0.

3 PROSPECT AVENUE has been listed on Realty.com since Thu July 23, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 14/100.

Listing provided courtesy of: ROYAL LEPAGE BEST CHOICE REALTY
Listing agent: Suzanne Othmer

This content last refreshed on 2026-07-30 20:34:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.