563 Sherbourne Street, Toronto, Ontario M4X 1W5 (27952723)
$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:54662)
Business
| Business Type | Restaurant |
| Business Sub Type | Fast foods |
Property Details
| MLS® Number | C11988401 |
| Property Type | Business |
| Neigbourhood | Toronto Centre |
| Community Name | North St. James Town |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,786 Ft2 |
| 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 |
Interested in 563 Sherbourne Street, Toronto, Ontario M4X 1W5?
Rinki Kukreja
Salesperson
2 Sheppard Avenue East, 20th Floor
Toronto, Ontario M2N 5Y7
(647) 494-8012
(289) 475-5524
www.internationalrealtyfirm.com/