550 Queen ST W #Second Active Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M5V 2B5
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,685 sqft
Price per Sqft $0
MLS Listing ID C9507030
Annual Tax Amount $19
Tax Year 2024
Property Description
Situated in the heart of Toronto's bustling Queen West neighbourhood, renowned for its vibrant arts and culture scene, shops, and hyped nightlife, 550 Queen St West offers a prime hospitality/retail opportunity. The versatile second-floor space offers 2,685 sq ft (approx) of customizable area with ample room for a bespoke restaurant, bar, retail or service-based business layout; includes areas for storage, office, staff room and dedicated customer restrooms. A dedicated street entrance with a flight of stairs leads to an exclusive second-floor presence. Large front-facing windows enhance visibility of the well-maintained premises. Currently fit out as a bar/lounge with booth seating, 2 bars, a dance floor, 4 washrooms, and a transferable liquor license. This second-floor space is easily adaptable for tenant-specific requirements and branding. Ideally positioned to capture the area's high pedestrian and vehicular traffic, presenting a unique chance for entrepreneurs or retailers looking to immerse themselves in one of the city's most sought-after districts. The high-density area with a continuous stream of local and tourist foot traffic, especially during evenings and weekends, makes this location ideal for a destination restaurant/bar or boutique retail. Located among restaurants, bars, independent retailers and anchored by CB2, LCBO, Loblaws, Joe Fresh, Winners. Close to multiple transit options.
Location
Province ON
County Toronto
Area Kensington-Chinatown
Interior
Cooling Yes
Exterior
Utilities Available Yes
Parking Type Street
Others
Security Features No