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$ 299,000
Est. payment | /mo
3 Baths
$ 299,000
Est. payment | /mo
3 Baths
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto E03
Subdivision Danforth
MLS Listing ID E12532238
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Morgans on the Danforth is a longstanding and highly successful restaurant and bar located on one of the Danforth's coolest and most vibrant blocks. The space is fully licensed for 60 seats inside plus 12 on the street patio, with the potential to expand seasonally through the CaféTO program. The restaurant spans 1,200 sq ft and features a full commercial kitchen equipped with a 9-ft commercial hood and a large walk-in fridge. The layout includes a solid bar and an additional seating area at the back, ideal for private parties or events. This is a turnkey opportunity available with training, or it can be converted to suit a different concept or cuisine. Lease rate is $7,256 Gross Rent including TMI with 4 + 5 years remaining. Please do not go direct or speak to staff.
Location
Province ON
County Toronto
Community Danforth
Area Toronto
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 17.62
Lot Depth 100.15
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY
"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