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$ 299,000
Est. payment /mo
Price Dropped by $26K
506 QUEEN STREET W Toronto (kensington-chinatown), ON M5V2B3
3 Baths
2,275 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,275 sqft
Price per Sqft $131
Subdivision Kensington-Chinatown
MLS® Listing ID C9511324
Originating Board Toronto Regional Real Estate Board
Property Description
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. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer