200 Marycroft Ave E

LocationPine Valley Business Park, L4L 5X9
$199K For Sale
Property Images
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Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
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Description

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 1,500 sqft
  • Commercial Retail Area
    Retail Area: 1,500 sqft
  • Number of seats
    Seats: 28
  • Commercial Parking Types
    Parking Types: None
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: GMU
  • Tax Amount
    Tax: $ 2,794
  • Business Hour
    Business Hours: 10AM -10PM
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 3
  • MLS
    N13529236
  • Listing contracted with: HOMELIFE KINGSVIEW REAL ESTATE INC.

Location



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