$299,000
Available - For Sale
Listing ID: C9511324
506 Queen St West , Toronto, M5V 2B3, Ontario
| READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft. |
| Extras: Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor. |
| Price | $299,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 506 Queen St West , Toronto, M5V 2B3, Ontario |
| Postal Code: | M5V 2B3 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Portland St. |
| Category: | Without Property |
| Use: | Bakery |
| Building Percentage: | Y |
| Total Area: | 2275.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2275 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Rec Centre |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Geste Croissant |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 8am-8pm |
| Employees #: | 5 |
| Seats: | 30 |
| LLBO: | Y |
| Washrooms: | 3 |
| Outside Storage: | N |
| Volts: | 208 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ULTIMATE REALTY INC. |
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|
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Kensington-Chinatown |
| Approximate Age: | 51-99 |
| Baths: | 3 |
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