516 Danforth Ave

LocationPlayter Estates-Danforth, M4K 1P6
$275K For Sale
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Description

An Exceptional Opportunity To Own A Well-Established Restaurant In The Heart Of Greektown on the Danforth, Located Directly On Danforth Avenue And Positioned Right In The Middle Of The World-Famous Taste of the Danforth Route, Delivering Outstanding Seasonal Foot Traffic And Exposure; Just Steps To Pape Station And Chester Station, And Surrounded By Dense, Affluent Residential Neighbourhoods Including Playter Estates And North Riverdale, This Proven Restaurant Corridor Offers Strong Daily Traffic, Excellent Transit Access, And Year-Round Dining Demand; The Restaurant Features A Liquor Licence, Seating For 60+ Indoors, A 20-Seat Patio Plus A Seasonal 16-Seat Summer Patio, A Fully Equipped 14-Ft Commercial Hood, A 5-Ft Pizza Oven, A Walk-In Cooler, And A Spacious, Efficient Kitchen, With All Equipment In Good Condition And Included, Making It Ready To Operate As-Is Or Easily Rebranded For Any Cuisine Or Concept; A Long-Term Lease Is In Place Until July 2032 With A 5-Year Option To Renew-A Rare Chance To Secure A Turnkey Restaurant In One Of Toronto's Most Sought-After Dining Locations.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 0 sqft
  • Commercial Retail Area
    Retail Area: 1,820 sqft
  • Number of seats
    Seats: 60
  • Commercial Parking Types
    Parking Types: Street
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 11:30am-10:30pm
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 4
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    E12649690
  • Listing contracted with: RE/MAX PREMIER INC.

Transit Accessibility

Chester Subway Station (0.3km)

Location