299 Adelaide St W

LocationWaterfront Communities C1, M5V 1P7
$14.495M For Sale
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Description

Exceptional retail property & 166 parking stalls situated in the heart of Toronto's Entertainment District. This prime retail space spans 11,618 sq. ft. access two levels, featuring soaring 20+ ft. ceilings heights and more than 50 ft. of frontage along Adelaide Street, ensuring high visibility and foot traffic. The property is 100% leased to Petros 82, a well-established restaurant, under a 10-year lease, providing stable, long-term cash flow. This property represents a rare investment opportunity in one of Toronto's most dynamic neighborhoods, offering beautiful retail space with a reliable tenant in the area known for its thriving cultural and entertainment scene.

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 11,376 sqft
  • Commercial Retail Area
    Retail Area: 1,294,134 sqft
  • Commercial Parking Spaces
    Total Parkings: 166
  • Commercial Parking Types
    Parking Types: None
  • Commercial Ages
    Property Age: 6-15

Details

  • Commercial Zoning
    Zoning: RA - Reinvestmen
  • Tax Amount
    Tax: $ 172,913
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C12026363
  • Listing contracted with: CBRE LIMITED

Transit Accessibility

Osgoode Subway Station (0.5km)
Union Go Train Station (0.9km)

Location