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Got Crypto? $5.5 Million in Bitcoin, XRP and Ethereum Buys Majestic Venue in Canada With Bar and Restaurant

February 10, 2019

The historic Stone Jug restaurant located in Carbonear, Canada is up for sale. The owner is accepting the three leading cryptocurrencies by market cap – Bitcoin (BTC), XRP (XRP) and Ethereum (ETH) – and 28 fiat currencies including the Japanese yen, US dollar and euro. Priced at $5.5 million, the venue is home to a well-established bar and restaurant, and a third-story theater and conference room.

The building boasts one-meter thick, hand-carved stone walls, ornate chandeliers imported from Europe, gleaming hardwood floors, stunning wood banisters, and three floors, each spanning approximately 3,000 square feet. The furnishings, including the 85-foot bar, is constructed with reclaimed wood imported from China.

Built in 1860, the original Stone Jug was a center for commerce and trade.

According to the listing on Propy, the first floor seats over 75 guests, and the second floor seats 185 guests. The third-floor, multi-purpose theater and conference room can accommodate 110 guests for weddings, conferences, theater and musical performances. Weekends feature live traditional music from local entertainers.

The property also includes a 9,000-square-foot parking lot that may be converted into a hotel or other facilities.

The restaurant has wood-fired grills, and the bar serves Stone Jug’s signature Dark & Stormy drink, on-tap microbrews and a selection of wines.

Historic Carbonear was settled in the late 1500s through the 1600s, and is one of the first settlements in North America.

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