267 College ST #A Active

Toronto C01,ON M5T 1R6

$ 249800

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID C9294214

Annual Tax Amount $4,000

Tax Year 2024

Property Description

Well-established business located on Spadina Avenue, offering a bright, neat, and clean 900 sq. ft.space with 16 seats. The store is fully equipped and situated in a prime downtown location near theUniversity of Toronto, colleges, hospitals, libraries, schools, places of worship, condominium buildings, and commercial areas. This is the first location in the Greater Toronto Area (GTA) and has significant potential for growth. An excellent business opportunity with a strong base of loyal clientele and significant walk-in traffic. Convenient street parking is available, and the lease is in place for 5 years with an option for an additional 5 years. The business operates 7 days a week and is profitable with minimal staffing requirements. Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.

Location

Province ON

County Toronto

Area Kensington-Chinatown

Interior

Cooling Yes

Exterior

Parking Type Street

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