506 Queen Street For Sale

Toronto, Kensington-Chinatown, M5V 2B3

$175,000

Description

Listed by RE/MAX ULTIMATE REALTY INC..

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.

Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.

Location

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  • Address: 506 Queen Street
  • Neighborhood: Kensington-Chinatown
  • City: Toronto
  • State: Ontario
  • Postal Code: M5V 2B3

Property Details

  • Property ID: C9511324
  • Property Price: $175,000
  • Style: Sale Of Business, Without Property
  • Bath: 3
  • Year Built: 51-99
  • A/C: Y
  • Basement: Y
  • Heating: Gas Forced Air Closd
  • Taxes: $0.00 (2024)
  • Lot: 0.00x0.00 (Feet)

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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