For Sale

224 Graham Road, West Elgin, Ontario N0L 2P0

$499,999

224 Graham Road, West Elgin, Ontario N0L 2P0 is For Sale and has a listing price of 499,999. The property is located in the West Elgin . It's been on the website for 43 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12280569
  • Office Name EXP REALTY
Property Description

Opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne! Out to Lunch Pizza has been proudly serving the community for over 16 years, with strong support from local schools, churches, the medical centre, and the West Lorne Minor Hockey Association. Recently renovated, the restaurant features two outdoor patios and a liquor-licensed indoor dining areamaking it the only licensed establishment in town and providing a unique competitive advantage. The sale includes all equipment, including commercial-grade pizza ovens, flat top grills, and fryers. Currently operating just six days a week, there is significant untapped potential to increase revenue by introducing delivery service (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. There is also an exciting opportunity to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. Included in the affordable lease is a separately metered commercial unit of approximately 700 SFideal for launching another business or generating rental income. The lease has recently been renewed on competitive terms through 2033. With strong financials, consistent catering demand, deep community roots, and plenty of avenues for growth, this is a rare chance to acquire a turnkey restaurant with proven performance and excellent future potential. Financials available upon request with a signed confidentiality agreement.

Property Details
  • MLS ID: X12280569
  • Price: $499,999
  • Lot Depth: 132
  • Transaction Types: For Sale
  • Ref ID: X12280569
  • Year Built: N/A
  • Dir / Cross St: Main St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/11/2025 X12280569 $499,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Elgin
  • $839,860 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 95 Median Days on Market
    based on 1 year
  • List vs. Selling Price 159.87 % Up
  • Sold (12mo) 24
  • Rented (12mo) 1

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/07/2025 23:59:07
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