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$1,699,000
Available - For Sale
Listing ID: W8476310
Sandwich counter, coffee shop and gourmet grocer, this space is a completely new build. Purchased in 2020, the former laundromat was fully gutted and renovated from the ground up. New electric and plumbing, new flooring; all told, the building has undergone a $500k renovation, with $150k worth of new equipment installed.2 large condos have just opened nearby and the business has seen sales double compared to this time last year. There are 2 parking spots and the entrance has been graded for wheelchair clearance.The licensed space has 12 seats and sells most alcohol to go. With zero competition in the area, no Wine Rack or LCBO nearby, this is an extremely profitable revenue stream.
Extras:   1,674 square feet, full high and dry basement with office and plenty of prep space. A cavity for hood has been built. Over $600k in sales last year. No restrictions, ready for any concept.
Price $1,699,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1700 St Clair Ave , Toronto, M6N 1J1, Ontario
Postal Code: M6N 1J1
Province/State: Ontario
Legal Description: PT LT 338 PL 1626 WEST TORONTO JUNCTION
Lot Size: 21.67 x 103.14 (Feet)
Directions/Cross Streets: St.Clair Ave W & Blackhorn Ave
Zoning: Business Commerc
Category: With Property
Use: Restaurant
Building Percentage: N
Total Area: 1,674
Total Area Code:  Sq Ft
Retail Area: 1674
Retail Area Code: Sq Ft
Business/Building Name: La Spesa Food Market & Specialties
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8-6
Employees #: 5
Seats: 12
LLBO: N
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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ROYAL LEPAGE SIGNATURE REALTY

1700 St Clair Ave , Toronto, M6N 1J1, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Weston-Pellam Park
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Lot Size: 21.67 x 103.14(Feet)
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Tax: $0
Maintenance Fee: $0
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Baths: 1
Garage: 0
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