720 Spadina Ave

LocationUniversity, M5S 2T9
$359K For Sale
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Description

Amazing opportunity to own an established and fully-renovated shisha & entertainment lounge with a full commercial kitchen. Prime location facing Spadina, with a 17-storey condo building above. Strategically located across from U of T, and steps to the Spadina Subway station. Could be converted to a banquet hall, restaurant & bar, billiards, etc. Full kitchen with exhaust hood, grill, fryers, walk-in freezer, walk-in coolers, prep tables, etc. Long lease 7.5 years + 5 years option to renew. 110 seats + 80 seat patio. Used to have L.L.B.O. - possible to obtain the license again. Don't miss this one! Value priced to sell - Equipment & set-up worth the price!

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 3,890 sqft
  • Commercial Retail Area
    Retail Area: 3,890 sqft
  • Number of seats
    Seats: 190
  • Commercial Parking Types
    Parking Types: Pay
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 12pm--3am
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 5
  • MLS
    C12907188
  • Listing contracted with: HOMELIFE/BAYVIEW REALTY INC.

Transit Accessibility

Spadina Subway Station (0.2km)
Union Go Train Station (2.9km)

Location