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563 Sherbourne Street Toronto (North St. James Town), Ontario M4X 1W5

1786 sqft
Fully Air Conditioned Forced Air

$127,000

Priced for a quick sale!!! An excellent opportunity awaits to acquire a fully equipped Caribbean restaurant situated in a bustling Toronto area. Neighboring establishments include Tim Hortons, WineRack, and First Choice Haircutters, ensuring consistent foot traffic. Additionally, two residential buildings are currently under construction nearby, promising an expanded customer base. The motivated seller is eager for a swift asset sale, offering flexibility to maintain the existing Caribbean menu or transition to a franchise quick-service restaurant or dine-in concept. The approximately 800 sq/ft space is subleased at $4,500 monthly until April 2029. Notably, the seller invested $300,000 into the establishment two years ago. (id:41954)

Business

Business Type Restaurant
Business Sub Type Fast foods

Property Details

MLS® Number C11988401
Property Type Business
Community Name North St. James Town

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1786 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft ,1 In
Size Frontage 12 Ft ,6 In
Size Irregular Unit=12.52 X 100.13 Ft
Size Total Text Unit=12.52 X 100.13 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/27952723/563-sherbourne-street-toronto-north-st-james-town-north-st-james-town

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