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$ 249,800
Est. payment | /mo
$ 249,800
Est. payment | /mo
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
Listed by RE/MAX MILLENNIUM REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN