$175,000
FOR SALE

Business for Sale

Bakery

Total Area: 2,275 ft2

506 Queen St W
Toronto, ON M5V 2B3 | Kensington-Chinatown

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.
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Listed By RE/MAX ULTIMATE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9511324
Last Updated Dec 30, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Bakery
Franchise Non-Franchise
Business/Building Name Geste Croissant
Category Without Property
Occupancy Tenant
Possession Date TBA
Directions/Cross Streets Portland St.
Neighbourhood Kensington-Chinatown
Area Toronto
Price History

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Detailed Information
Freestanding Y
Bathrooms 3
Retail Area 2,275 ft2
Total Area 2,275 ft2
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type None
Amps 100
Volts 208
Days Open 7
Hours Open 8am-8pm
LLBO Y
Employees 5
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Area Influences Public Transit, Rec Centre
Seats 30
Sewers Sanitary
Water Municipal
Lot/Bldg/Unit Code Building
Zoning CR
Seller Property Info Statement N

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