693 Coronation Boulevard, Cambridge | Image 1

693 Coronation Boulevard

Cambridge

  • Commercial

$419,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C3

  • Age: 0-5 years

  • Taxes: 8002

  • MLS®#: X8214126

  • Added: Apr 08, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

For sale: Well-established Indian restaurant located in Cambridge, Ontario, boasting 4000-5000 square feet of space including a dedicated party hall (the only party hall in area).Features:**Prime Location****Rent Just $7900+hst**Established Reputation****Spacious Dining Area****Party Hall****LLBO Licensed for 190 ppl****20ft Kitchen Hood with walk-in freezer & cooler.**Profitable Business****Additional Income from the private parking lot.This well-established Indian restaurant in Cambridge, Ontario, offers a unique opportunity for entrepreneurs looking to enter or expand in the restaurant industry. This is just sale of Business on Leased premises with 5 year Lease remaining & option to renew. Seller is open selling running restaurant turn key operation with/without the franchise name.***

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 0-5

  • Area: Cambridge

  • Availability Date: Anytime

  • Assessment Amount: $612,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 40

  • Trailer Parking Spots: 5

Fees

  • Tax Year: 2023

  • Taxes: $8,002

  • Taxes Type: Annual

Land

  • Cross Street: Coronation & Hespler

  • Municipality District: Cambridge

  • Lot Depth: 135.84 Feet

  • Lot Frontage: 185.42 Feet

  • Zoning: C3

Commercial Specific

  • Number of Employees: 6

  • Retail Area: 4500

  • Retail Area Metric: Sq Ft

  • Total Area: 5000

  • Total Area Metric: Sq Ft

  • Hours Open: 2Pm-2Am

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 190

  • Business/Building Name: Chawlas Indian Bistro & Party Hall

  • Financial Statement: N

  • LLBO: Y

Map of 693 Coronation Boulevard, Cambridge
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