116 Kennedy Road South, Brampton | Image 1

116 Kennedy Road South

Brampton, Brampton East Industrial

  • Commercial

$350,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Banquet Hall

  • Zoning: M2

  • Age: No Data

  • Taxes: 12000

  • MLS®#: W10404588

  • Days on Site: 4 Days

  • Added: Oct 29, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ELIXIR REAL ESTATE INC.

This stunning banquet hall at 116 Kennedy Road S, Brampton, ON, presents a prime investment opportunity for event organizers and entrepreneurs looking to expand in a high-demand area. Located on a bustling stretch of Kennedy Road, this venue boasts excellent visibility and accessibility, catering to a range of events such as weddings, corporate gatherings, and cultural celebrations. The facility features a fully equipped kitchen, elegant interiors that provide a sophisticated atmosphere, and ample on-site parking, making it a turnkey solution for a seamless event experience. With Bramptons dynamic community growth, demand for premium event spaces is on the rise, ensuring solid income potential for the right investor. Whether youre an established event management professional or seeking an entry into the industry, this well-maintained, versatile venue is ready to meet the needs of various clientele.

Extras

LOW RENT Long-Term Lease No Franchise Royalties: Keep all the profits without paying unnecessary fees

Property

  • Status: Sale

  • Type: Banquet Hall

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Brampton

  • Community: Brampton East Industrial

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $12,000

  • Taxes Type: Annual

Land

  • Cross Street: Kennedy Rd / Steeles

  • Municipality District: Brampton

  • Parcel Number: 140310104

  • Zoning: M2

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 3000

  • Retail Area Metric: Sq Ft

  • Hours Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 150

  • Financial Statement: Y

  • LLBO: Y

5-8

Peel Alternative - North Elementary

Elementary: Public
0.95 km
JK-6

Helen Wilson Public School

Elementary: Public
0.72 km
JK-6

Sir Wilfrid Laurier Public School

Elementary: Public
1.29 km
JK-6

Parkway Public School

Elementary: Public
1.15 km
JK-8

Sir Winston Churchill Public School

Elementary: Public
1.00 km
JK-8

St Francis Xavier Elementary School

Elementary: Catholic
1.39 km
9-12

Peel Alternative North

Secondary: Public
0.95 km
9-12

Peel Alternative North ISR

Secondary: Public
0.94 km
9-12

Central Peel Secondary School

Secondary: Public
1.78 km
9-12

Cardinal Leger Secondary School

Secondary: Catholic
1.17 km
9-12

Brampton Centennial Secondary School

Secondary: Public
2.41 km
9-12

Turner Fenton Secondary School

Secondary: Public
1.92 km
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