1235 Ellesmere RD new

Toronto E09,ON M1P 2X8

$ 110000

- Bed

- Bath

980 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $112

Subdivision Bendale

MLS Listing ID E12160919

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Rare Opportunity To Own An Established, Highly Profitable Shisha Lounge! Located In A High Traffic Commercial Plaza With Lots Of Foot Traffic And Directly Off Of Ellesmere Road In Scarborough With Lots Of Parking. Lounge Features An Indoor Space Accommodating Approximately 75 People and a Basement Area Serving As An Event Space to Bring In Additional Revenue. Take Advantage Of The Current 5+5 Year Lease With Ultra Low Rent. It's A Turnkey Operation, Perfect For Anyone Seeking An Established Business With Existing Clientele. Great Location W/ Plenty of Parking. All Chattels And Equipment Are Incl. Current Rent of $2500+HST includes T.M.I., + All Utilities Excpt Hydro. Currently on a 5 Yr Lease Term w/ an Option to Renew in 2028.

Location

State ON

County Toronto

Community Bendale

Area Toronto

Interior

Cooling Yes

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