NewFor Sale

49 St Clair Avenue W
Toronto C02, Toronto, ON, M4V 3A5

Sale Of Business
TRREB
MLS® Number: C12249892
$399,000List Price
Sale Of BusinessProperty Type
6,900 sq ftSize
RestaurantBusiness Type
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Property Location

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Listing History

Buy/sell history for 49 St Clair Avenue W, Toronto C02, ON M4V 3A5

0 Transactions by CPRB Agents

Top Agents in Toronto C02

Description

Outstanding opportunity to take over a fully built-out and licensed restaurant in one of Toronto's most desirable midtown neighbourhoods. Gatherings Restobar is located just steps from the bustling intersection of Yonge and St. Clair, surrounded by residential towers, offices,and consistent foot traffic. This spacious, well-equipped venue is ideal for a variety of restaurant or bar concepts. The space boasts a rare liquor license for 320 seats inside plus anadditional 20 on the patio. Featuring a large, functional kitchen with a 10 ft commercial hood and two walk-in fridges, the restaurant is set up for high-volume service and events. The layout includes multiple dining areas, a prominent bar, and flexibility for private bookings.Offered at a gross monthly rent of $21,504 inclusive of TMI, utilities, and garbage. Strong sales history and a secure 7 + 5 + 5 year lease with no demolition clause make this a compelling choice for owner-operators or brands looking to expand. Available turnkey with training or can be rebranded to suit your vision.

Features

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Amenities

No amenities available

Summary

Listing #:C12249892
Property Type:Sale Of Business
Size:6,900 sq ft
Land Size:90 x 146.23
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE SIGNATURE REALTY

Rooms

Details

Property

Property Type:Sale Of Business
Community:Yonge-St. Clair
Municipality:Toronto

Building

Size:6,900 sq ft

Inside

Bedrooms:0
Bathrooms:4
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary Available

Land

Cross Street:Yonge St & St Clair Ave W

$399,000

List price

49 St Clair Avenue W, Toronto C02 – Sale Of Business for sale · MLS® # C12249892