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$299,000
Available - For Sale
Listing ID: E12554240
Completely renovated bar and restaurant on one of the Danforth's most dynamic and trendiest stretches. The space is currently home to a popular Eritrean and Ethiopian concept but is ideal for nearly any style of hospitality venture. The interior has been meticulously finished from top to bottom with premium leaseholds, equipment, and systems throughout. Licensed for 65 guests inside plus 20 on the patio, the venue features a 7-ft commercial hood, a large walk-in fridge suitable for both food storage and beer kegs, and a fully equipped party room in the basement. Approximately 1,900 sq. ft. of total space. A brand-new lease will be created at$7,544 gross rent with 5 + 5-year terms. Please do not go direct or speak to staff.
Price $299,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 1236 Danforth Avenue , Toronto, M4J 1M6, Toronto
Postal Code: M4J 1M6
Province/State: Toronto
Legal Description: PT LT 404 N/S DANFORTH AV PL 509E TORONT
Directions/Cross Streets: Danforth Ave & Greenwood Ave
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 3,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: N/A
Employees #: 43
Seats: 162
Maintenance: 0
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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ROYAL LEPAGE SIGNATURE REALTY

1236 Danforth Avenue , Toronto, M4J 1M6, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Danforth
Style:
Lot Size: x 110.16(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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