![C9055180](https://dqf0wbfs64lob.cloudfront.net/21/objects/1/C9055180/C9055180_1.jpeg)
25431-259 King St E (King St E & Sherbourne St)
Price: $435,000
Status: For Sale
MLS®#: C9055180
- Tax: Annual (2024)
- Community:Moss Park
- City:Toronto
- Type:Commercial
- Style:Sale Of Business
- Age:16-30 Years Old
Features:
- HeatingElec Forced Air
- Sewer/Water SystemsMunicipal
Listing Contracted With: ROYAL LEPAGE/J & D DIVISION
Description
Outstanding Franchise restaurant opportunity located at premium King St East, heart of downtown Toronto. Restaurant is surrounded by George brown college campus, major offices/banks and condos ensuring strong and stable customers for lunch and dinner. Great potential for 24/7 operations; directly connected to TTC street cars/bus service. Large towers by reputed builders (Pemberton-sold out) have recently been completed totalling 1960 condos, occupants have begun moving in; another multi-storey condo by Menkes under construction (439 condos); EQ Bank Tower largely complete and anticipated ready to move in by Q1 2025. LRT is located within walking distance. These developments are estimated to bring in additional 9000+ new customers (in addition to existing customers) within 300 meters of the restaurant. This restaurant has the latest equipment with rapidly developing customer base; average household income of 135K; rent frozen for 2 years and lease good thru 2028 with another option to extend the lease by another 5 years. A rare opportunity for new entrepreneurs(immigrants and citizens alike); seller is open to partnership as well ensuring long term ownership and employment.
Highlights
Showing can be booked with Listing Agent. Please Schedule between 4:30pm to 10:00pm (Mon-Wed), Fridays from 4:30pm -7:00 pm, Saturdays 11:00am-10:00pm, Sunday showings not possible.
Want to learn more about 25431-259 King St E (King St E & Sherbourne St)?
![’](assets/images/placeholder_transparent.png)
Real Estate Websites by Web4Realty
https://web4realty.com/