1489 MERIVALE Road Image 1

$250,000

Mar 10Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X12011248

1489 MERIVALE Road, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 5P3

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 1489 MERIVALE Road

Established, Fully Renovated Restaurant with Brand-New Equipment & Endless Potential! Take ownership of a thriving, long-standing restaurant that's ready to generate income from day one! Situated on a high-visibility main street, this well-established business boasts a loyal customer base, efficient systems, and a strong presence on online ordering platforms. A proven success story, it's now seeking its next visionary owner as the current proprietor moves on to new ventures.This turnkey opportunity features a flexible lease with extension options, along with unlimited rear parking for added convenience. Unlock even more potential by capturing the lunch crowd with earlier hours or transforming the front parking area into a charming patio to elevate the dining experience.Surrounded by major developments and a growing population, this prime location is bursting with opportunity. Whether you're an experienced entrepreneur or a first-time restaurateur, this is your chance to step into a business with built-in momentum. Don't miss out, make it yours and start growing today! (no liquor license). 5+5 years renewal available. Monthly lease: 1st yr: July 1, 2024 to June 30, 2025 - $3145.88 + hst $408.97 = Total: $3554.85, 2nd yr: July 1, 2025 to June 30, 2026 - $3224.53 + hst $419.19 = Total $3643.72.

Home Overview

Last updated

20 hours ago

Virtual tour

None

Basement information

Building size

980

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX HALLMARK REALTY GROUP

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$954.83/ month
$200,000 Principal and Interest
$240,000 Property Taxes

Location

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