318 Spadina Ave

LocationKensington-Chinatown, M5T 2E7
$239K For Sale
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Description

Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 2,500 sqft
  • Commercial Office Area
    Office Area: 1,000 sqft
  • Commercial Retail Area
    Retail Area: 1,500 sqft
  • Number of seats
    Seats: 50
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Tax Amount
    Tax: $ 1
  • Business Hour
    Business Hours: 10:30-22
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 5
  • MLS
    C13579860
  • Listing contracted with: BAY STREET GROUP INC.

Transit Accessibility

St. Patrick Subway Station (0.8km)
Union Go Train Station (1.7km)

Location



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