ON > Vaughan > Pine Valley Business Park
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
Vaughan, ON L4L 5X9,200 Marycroft AVE W #13
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Kat Tannock

Kat Tannock

+1(705) 768-5658
$ 250,000
Est. payment | /mo

1,500 SqFt

Save
$ 250,000
Est. payment | /mo
Save

1,500 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $166

Subdivision Pine Valley Business Park

MLS Listing ID N9768476

Annual Tax Amount $6,793

Tax Year 2023

Property Sub-Type Sale Of Business

Property Description

Discover the dynamic "Lamasu Lounge and Grill," a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today! **EXTRAS** All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more.

Location

Province ON

County York

Community Pine Valley Business Park

Area York

Zoning Retail

Interior

Cooling Yes

Inclusions Hood system, pizza oven, heavy-duty commercial fryer, espresso machine, cooler and salad cooler, freezer, Sunfire gas burner, prep tables, dishwasher, two shawarma machines, 24-inch steel surface gas griddle, and stainless steel storage shelves.

Exterior

Parking Features None

Building

Lot Description Unit

Lited by RIGHT AT HOME REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 768-5658

ktannock@gmail.com

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200 Marycroft AVE W #13