$1,699,000
FOR SALE

Business for Sale

Restaurant

Lot: 21.67 x 103.14 ftTotal Area: 1,674 ft2

1700 St Clair Ave
Toronto, ON M6N 1J1 | Weston-Pellam Park

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.
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8476310
Last Updated Jun 25, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name La Spesa Food Market & Specialties
Category With Property
Legal Description PT LT 338 PL 1626 WEST TORONTO JUNCTION AS WH14622
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets St.Clair Ave W & Blackhorn Ave
Neighbourhood Weston-Pellam Park
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Bathrooms 1
Lot 21.67 x 103.14 ft
Retail Area 1,674 ft2
Total Area 1,674 ft2
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 2
Amps 600
Volts 200
Days Open 7
Hours Open 8-6
LLBO N
Employees 5
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Soil Test N
Seats 12
Sewers San+Storm
Utilities A
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Business Commercial
Seller Property Info Statement N

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