Price: $799,900

46342 Sparta Line, Central Elgin, ON N0L 2H0

Commercial with Residence combined for this unique opportunity! Step into a piece of history with the remarkable Sparta House, built between 1838 and 1840 by David Mills as an elegant hotel. This stunning colonial-style building, with its iconic double-decked verandah and spacious upper ballroom, has witnessed a rich tapestry of community life over the years. After its hotel days, the Sparta House transitioned into a general store under Ira Hilborn before becoming a beloved gathering place during the Moedinger era where locals would convene around the central stove to exchange stories and engage in lively discussions. In more recent years, the building has evolved into a charming Tearoom/Restaurant, blending its historical charm with contemporary dining experiences. The meticulous restoration has brought the Sparta House back to its former glory, making it the perfect destination for both returning patrons and first-time visitors. This unique opportunity comes complete with a stunning upper 2+1 Bedroom owners apartment with a huge walk out verandah overlooking the main street. Located in the historic village of Sparta, this property is surrounded by an array of antique shops, craft stores, and artist studios. The village features informative displays highlighting the history of its buildings, contributing to a delightful walking tour experience. With the popular destinations of Port Stanley and Port Bruce just a short drive away, the Sparta House offers a fantastic opportunity to attract tourists looking for a unique and relaxing stop on their journeys. Don't miss your chance to own this iconic landmark, rich in history and poised for future success! **EXTRAS** restaurant operating equipment included, some chattels excluded. Owners is willing to train new owners and staff for a limited period. See floor plan for residence and restaurant layout.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$799,900

Gross Income

N/A

Annual Taxes

$4,299

Tax year

2025

Business Type

Restaurant

Years in Business

N/A

Location

Central Elgin, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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