1186 Queen Street, Toronto C01, ON Image 1

$699,000

Sale Of Business For Sale
MLS - #C12048347
3 days ago- By CENTURY 21 REGAL REALTY INC.

1186 Queen Street, Toronto C01, ON M6J 1J6

Bed
Bath
Other Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A Sqft

About 1186 Queen Street

THE ICONIC - COLD TEA BAR! APPROXIMATELY 2,500 SQ FT WITH A FULL BASEMENT AND LARGE BOULEVARD PATIO. AMAZING STREET PRESENCE AND EXPOSURE. LARGE BAR AREA ON THE MAIN FLOOR WITH SPEAKEASY STYLE VENUE AND FULL KITCHEN IN THE LOWER LEVEL. LLBO CAPACITY OF 157 ON THE MAIN FLOOR, 61 ON THE LOWER LEVELAND 61 ON THE SUNNY SIDE PATIO. THIS LICENSE HAS A CATERING ENDORSEMENT AS WELL. A NEW 5 PLUS 5 YEAR LEASE IN PLACE AT FAVOURABLE RATES. A HISTORIC BRAND WITH DEEP ROOTS IN THE TORONTO NIGHTLIFE SCENE AND A LONG HISTORY OF SUCCESS. A KILLER REBRAND OPPORTUNITY OR CARRY THE TORCH AND CONTINUE THE OPERATION AS IS. SELLERS WILLING TO PROVIDE TRAINING AND SUPPORT TO ENSURE A SMOOTH TRANSITION TO THE NEXT OPERATOR THIS IS THE ONE!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
69900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 1186 Queen Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2669.71/ month
$559,200 Principal and Interest
$671,040 Property Taxes

Some information about this property - Queen Street

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