Kevin Beer
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C9048363
$349,000

466 Adelaide St E (Adelaide St E & Sherbourne St)

Price: $349,000

Status: For Sale 

MLS®#: C9048363

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$349,000
  • Tax: $4,728/T.M.I. (2024)
  • Community:Moss Park
  • City:Toronto
  • Type:Commercial
  • Style:Sale Of Business
  • Size: 4,300 Sq Ft
  • Garage:Other

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Description

We're excited to introduce to you an exquisite and finely designed 4700 square foot and 120 seat restaurant located on Toronto's Adelaide St. This fully licensed restaurant offers up a fantastic conversion opportunity for many suitable cuisines. Equipped with wood burning pizza oven, Nella Forni deck ovens, large exhaust hood, flat top, fryers, grills, 6 burner stove, fridges, freezers and more. Located in the revitalized Moss Park community, surrounded by condos and new developments, a short stroll from St. Lawrence Market, Distillery District, Toronto's Waterfront, Sugar Beach, Scotiabank Arena and much more. This restaurant is available for a new owner and the Landlord is looking for qualified operators. A brand new lease will be provided. All chattels & equipment will be included in the sale.

Highlights

* Net Rent = $19,700.00 * TMI = $4,728.00 * Gross Rent = $24,428.00 + HST * 5 Year Lease + 5 Year Option To Renew * 4300 Square Feet * LLBO = 120 * Large Patio * Newly Built With All Chattels & Fixtures Included In Sale *

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Kevin M. Beer

Sales Representative

RE/MAX Hallmark Realty Ltd, Brokerage, Toronto
Kevin M. Beer

Kevin M. Beer

Sales Representative

RE/MAX Hallmark Realty Ltd, Brokerage, Toronto

785 Queen St E., Toronto, ON, M4M 1H5

kevin@kbrealestate.ca

(416) 836-0891

(416) 465-7850

(416) 463-7850
RE/MAX Hallmark Realty Ltd, Brokerage, Toronto
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Listing Data were last updated: 2024-10-18 05:56:15

Listing Objects were last updated: 2024-10-15T15:15:44.96484Z

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