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54 Foster St 2,788 SF 100% Leased Retail Building Perth, ON K7H 1S1 $638,272 USD ($228.94 USD/SF)



Investment Highlights
- Proven location with strong community support.
- Vibrant collection of surrounding retail.
- Located in a prime area of Perth.
- Property provides long-term stability and opportunity.
Executive Summary
Gorgeous restaurant with property in the heart of downtown Perth, one of Eastern Ontario’s most charming and historic communities. Bistro 54 has been a staple of the local dining scene since 2004, serving homemade Italian cuisine with an outstanding reputation, excellent reviews, and impressive sales. This is a rare opportunity to acquire both a successful hospitality business and the real estate it operates from. The historic, multilevel building, circa 1858, offers a warm and inviting atmosphere with seating for 55 inside plus an additional 32 seats on the patio. The chef’s kitchen is equipped with an 8-ft commercial hood and a walk-in fridge, making it ideal for continued operation as a restaurant or conversion into a different concept, cuisine, or franchise. Own the property and take advantage of a proven location with strong community support, established clientele, and income for ownership. The building features 200-amp power, one parking space, and is available with training to ensure a smooth transition. Please do not go direct or speak to staff or ownership. Located in the heart of downtown Perth, this property benefits from one of Ontario’s most picturesque and well-preserved historic main streets. Perth is a thriving destination for tourism, events, and year-round visitors, drawing residents and travelers alike to its vibrant collection of shops, restaurants, galleries, and waterfront attractions. The building occupies a premium downtown location surrounded by heritage architecture and strong local businesses. Ownership of the property provides long-term stability and the opportunity to build equity while operating your own business in a community known for its charm, strong demographics, and growing visitor economy. The multilevel layout offers flexibility for a variety of hospitality concepts while retaining the character and appeal that customers seek in a downtown dining destination. With 200-amp power, on-site parking, and a proven location that has served the community for decades, this is a rare chance to own a landmark hospitality property in one of Eastern Ontario’s most desirable small towns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,788 SF
Building Class
C
Year Built
1858
Price
$638,272 USD
Price Per SF
$228.94 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.18
Lot Size
0.03 AC
Zoning
C1 - Commercial
Frontage
24’ on Foster St
Amenities
- Signage
- Signalized Intersection
Exceptionally walkable
90/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 15
Videos
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54 Foster St
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