506 QUEEN STREET W Active

Toronto (kensington-chinatown),ON M5V2B3

$ 299000

- Bed

3 Baths

2275 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,275 sqft

Price per Sqft $131

Subdivision Kensington-Chinatown

MLS Listing ID C9511324

Originating Board Toronto Regional Real Estate Board

Property Description

READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft. **** EXTRAS **** Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor. (id:24570)

Location

State ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

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