$139,900 Sale

Listed 5 hours ago

382 SPADINA AVENUE

MLS® c14161452 Business

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 1000

Est. mortgage

$591/mo

Key Facts

Key facts for 382 SPADINA AVENUE

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

C14161452

Size

1000 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Prime Turnkey Restaurant Opportunity on Spadina Ave near Dundas St W, right where Downtown Toronto's Chinatown meets Kensington Market! Surrounded by U of T, OCAD, major hospitals, and steps to the 510 Spadina streetcar with non-stop year-round foot traffic. Approx. 1,200 sq. ft. across the main flo...or and full basement, featuring an existing dine-in and high-volume takeout/delivery layout, full commercial kitchen with exhaust hood system, walk-in cooler/freezer, and spacious lower-level prep and storage area. Currently operating as a popular Chinese BBQ concept and easily adaptable to noodles, hotpot/malatang, ramen, Korean/Japanese, or other food concepts. Rare long-term lease security: current lease runs until June 14, 2031 plus one 5-year renewal option (to 2036). Attractive downtown rent at $6,500/month Base Rent + approx. $2,500/month TMI ($9,000/month + HST). Asking $139,900 for business and equipment only. Inventory is extra and valued at closing. Do not approach staff directly. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

1000 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

1000 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Building Description

Home Type

Commercial

Subtype

Business

Water Supply

Municipal water

Home Type

Commercial

Subtype

Business

Water Supply

Municipal water

Community

Kensington-Chinatown

Area Code

Toronto (Kensington-Chinatown)

Community

Kensington-Chinatown

Area Code

Toronto (Kensington-Chinatown)

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Abdallah ElKassis

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