164 THE ESPLANADE AVENUE

$249,000

Waterfront Communities, Toronto, Ontario

  • 2 baths
  • 1,300 square feet
Business · BusinessType
2Parking
Forced air, Natural gasHeating
Fully air conditionedCooling
147Days on market
$192 / sqftPrice / sqft

About this property

Opportunity to purchase this successful & well established local licensed pizzeria restaurant with an appetizing menu in business for over 28 years. Within a short walk to the St. Lawrence Market & Community Recreation Centre, across the street from the doggy park & within minutes of The Gardner & the Waterfront. With a licensed dining room/bar for Approx. 38 patron’s and a licensed covered patio for Approx. 30 patron’s. Exclusive use of 2 rear parking spaces with 3 other spaces that can be used when available. High traffic high density location with over 1500 new luxury condo units just completed in a master planned community at Time & Space by The Pemberton Group within immediate proximity of the restaurant. Terrific Co-Op lease in place with the city with 4.5 years remaining + 5 year option with no issues renewing with very little to no increases. Sellers have spent approx. 80k on chattels and renovations in past couple of years. ****This Restaurant Was The Proud Recipient Of The 2024 Restaurant Guru Award**** Known Locally By Many For Their Famous Pizza (id:66327)

Property details

Interior

Bathrooms
2
Living area
1,300 square feet
Building area
1300

Exterior & parking

Architectural style
[]
Parking spaces
2

Building & HOA

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Financial & legal

List price
$249,000
Price / sqft
$192 / sqft
Status
Active
MLS® number
C12957762

Location

City
Toronto
Neighbourhood
Waterfront Communities
Province
Ontario
Postal code
M5A4H2
Directions
The Esplanade & Frederick St.

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