224 Graham Road
West Lorne West Elgin N0L 2P0

$399,999 /For Sale
Commercial

Main Photo: 224 Graham Road in West Elgin: West Lorne Commercial for sale : MLS®# X12418092
Photo 1: 224 Graham Road in West Elgin: West Lorne Commercial for sale : MLS®# X12418092
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12418092
Bus Major:
Restaurant
Incredible Value Very Low Rent + Bonus 700 SF Unit Included at No Extra Cost: Seize the opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne. The affordable leaserecently renewed through 2033includes a separately metered 700 SF commercial unit at no additional rent, offering endless potential for launching a second business or generating rental income while keeping overhead low. Out to Lunch Pizza has proudly served the community for over 16 years and enjoys loyal 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 areathe only licensed establishment in townproviding 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, theres significant upside to grow revenue by introducing delivery (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. Theres also untapped potential to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. With strong financials, consistent catering demand, deep community roots, and multiple growth avenues, 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 Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
2219 sq. ft. Square Feet
Total Area:
2,219 sq. ft.
Retail Area:
2219 sq. ft. Sq Ft
Lot Depth:
132'
Lot Frontage:
67'6"
Water supply:
Municipal
Zoning:
C
Heating type:
Gas Forced Air Open
Garage:
None
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Elgin
West Elgin
West Lorne
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
OTL PIZZA RESTAURANT
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
Mon-Wed 11-8, Thurs 11-10, Fri-Sat 11-9, Sun Closed
Employees:
6
Chattels:
Yes
LLBO:
Yes
Seats:
50
Date Listed:
Sep 22, 2025
Original Price:
$399,999
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    VACANT UNIT INCLUDED IN LEASE
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  • Photo 31: 224 Graham Road in West Elgin: West Lorne Commercial for sale : MLS®# X12418092
    VACANT UNIT INCLUDED IN LEASE
  • Photo 32: 224 Graham Road in West Elgin: West Lorne Commercial for sale : MLS®# X12418092
    VACANT UNIT INCLUDED IN LEASE
Listed by EXP REALTY
Data was last updated October 29, 2025 at 06:15 AM (UTC)
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