Fantastic turn-key restaurant available for sale. Currently operating as a brunch restaurant, but any restaurant use is applicable (no bar or night-club use). Sale price includes equipment, liquor license for 55 people included. Open to existing use or other restaurant use. Current restaurant is producing substantial net operating income. High foot traffic area at College and Ossington. Turn-key operation, all equipment owned and already fully staffed. Low rent of $4,750 GROSS including TMI with 5-year option to renew. Full basement in unit and open concept kitchen. Restaurant has been operating at this location for 10 years and has a great customer base. Do not go direct, business is still in operation. Book showings through listing agent.
Address
810 College Street
List Price
$85,000
MLS® Status
Sold Conditional
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Region
Toronto
Lot Depth
109
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.81
Total Building Area
1680
Occupant Type
Tenant
Cross Street
College and Ossington
MLS® Number
C12207472
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Basement
Yes
Postal Code
M6E 1A5
Tax Year
2024
Standard Status
Pending
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Lane
