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686 QUEEN Street E in Toronto: South Riverdale Property for sale (Toronto E01) : MLS®# E11933581

686 QUEEN Street E Toronto M4M 1G9 : South Riverdale

Main Photo: 686 QUEEN Street E in Toronto: South Riverdale Property for sale (Toronto E01)  : MLS®# E11933581
$250,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
E11933581
Status:
Active
Bus Major:
Restaurant
Turnkey Restaurant Opportunity in Prime Leslieville LocationAn exceptional opportunity to own a booming Cocktail Bar, a thriving restaurant and bar business located at the busiest intersection, in the heart of Leslieville. This beautifully renovated and fully licensed establishment offers a cozy dining room with seating for 27 guests and a secluded private patio that accommodates an additional 30 patrons. The business generates impressive and highly lucrative revenues, supported by a loyal clientele and strong weekend performance. Fantastic lease terms, providing stability and exceptional value for the location. Operating as a Cocktail Bar this location is a beloved neighborhood destination, known for its inviting atmosphere and extended weekend hours.With $150,000 worth of owned kitchen equipment, $250,000 invested in renovations and tasteful high quality upgrades, this is a fully operational, turnkey business ready for a new owner to thrive. Situated at the busiest intersection in Leslieville, surrounded by popular restaurants, bars, and retail establishments, the location boasts high visibility and consistent foot traffic.This is a rare opportunity to acquire a profitable and well-established business in one of Torontos most vibrant and sought-after neighborhoods
Property Type:
Commercial
Commercial Type:
Sale Of Business
Depth:
Switch units of measure85'
Frontage:
Switch units of measure10'
Retail Area:
Switch units of measure850 sq. ft.
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Basement:
Full
Garage:
Other
Taxes:
$0 / 2024
Assessment:
$- / -
South Riverdale
Major Highway, Public Transit
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
Y
Chattels:
Yes
Log/Bldg/Unit Code:
Unit
Type Taxes:
N/A
Category:
Without Property
Major Business Type:
Restaurant
Seats:
57
Hours Open:
8
Employees:
4
Financial Statements:
No
Franchise:
No
Freestanding:
No
LLBO:
Yes
Date Listed:
Jan 21, 2025
Original Price:
Previous Price:
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated February 13, 2025 at 11:55 PM (UTC)