505 Danforth Avenue,Toronto E01, ON M4K 1P5
Toronto E01, ON M4K 1P5
Description
Turnkey Restaurant for Sale in Greek Town Extensively renovated Indian cuisine restaurant at the prime AAA+ location of Danforth and Logan, right in the midst of Greek Town. Licensed for 124 patrons inside and 12 on the front patio. Features a fully built-out main floor and basement, with all chattels and equipment included. Total space is 1,800 sqft with 4 years remaining on the lease and an option to renew. This well-kept, like-new, and very well-established restaurant experiences heavy daily foot traffic and high take-out volume from both loyal and new customers, including tourists. Conveniently located with easy parking available on multiple nearby streets. Highlights:- Fully equipped kitchen with 11' exhaust hood, full range, walk-in cooler, and more; Significant investment made in kitchen build-out and leasehold improvements; Excellent structural integrity with all mechanical systems in great shape and 3-phase power; Licensed for 124 patrons inside, with an additional 12 on the front patio; Garage-style frontage that opens the dining room to the street; Currently operating as a successful Indian restaurant, but the space is adaptable to various concepts and styles of cuisine; Strong lease in place with a current rent of $10,112 per month, inclusive of TMI and HST; Four years remaining on the lease with options to renew.
Details
| MLS# | E12075096 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 16 |
| Listing Provided By | GET HOME REALTY INC. | E12075096 402600 |
Features
| SQ Feet | 1,800 |
|---|---|
| Acreage | 0.04 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E01 |
| Postal Code | M4K 1P5 |
| Area | North Riverdale |
| Listing VS Median (in M4K 1P5) | |
Price: $1 low | high Med: $1 SqFt: 1,800 low | high Med: 1,800 $ / SqFt: $0 low | high Med: $0 On site: 16 low | high Med: 16.000000 | |
