55 Ontario Street South, Milton | Image 1

55 Ontario Street South

Milton, Old Milton

  • Commercial

$299,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: W9046436

  • Added: Jul 19, 2024 (1 month ago)

  • Updated:

  • Last Checked: 40 minutes ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

A rarely offered Milton restaurant business is available for new ownership. This Freshii franchise has been successfully operating for 3 years in one of Milton's most vibrant locations. With strong anchors and neighbouring tenants in the surrounding areas, this location draws high traffic with ample parking and loads of potential. The Freshii brand is one of Foodtastic's largest franchises with a strong focus on health and wellness, provides thorough training and support, and allows for entrepreneurial growth. This location has plenty of lease term left with 7 years remaining and 2 additional options to renew giving you strong security to maximize your returns. Please do not go direct or speak to staff. Your discretion is appreciated.

Extras

* Net Rent = $3400.00 * TMI = $1073.00 * Gross Rent = $4473.00 + HST * 7 Years Remaining * 2 x 5 Year Renewal Options * 1200 Sq Ft *

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Milton

  • Community: Old Milton

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Main St & Ontario St

  • Municipality District: Milton

  • Parcel Number: 249450163

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 100

  • Retail Area Metric: %

  • Total Area: 1200

  • Total Area Metric: Sq Ft

  • Hours Open: 9am-9pm

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 20

  • Financial Statement: Y

  • LLBO: N

4-8

E C Drury/Trillium Demonstration School

Elementary: Provincial
0.83 km
JK-8

Ernest C Drury School for the Deaf

Elementary: Provincial
0.75 km
JK-5

J M Denyes Public School

Elementary: Public
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JK-8

Holy Rosary Separate School

Elementary: Catholic
0.83 km
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ÉÉC Saint-Nicolas

Elementary: Catholic
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Robert Baldwin Public School

Elementary: Public
0.94 km
Pre-Grade 9-12

E C Drury/Trillium Demonstration School

Secondary: Provincial
0.83 km
9-12

Ernest C Drury School for the Deaf

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0.75 km
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Gary Allan High School - Milton

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0.55 km
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Milton District High School

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1.42 km
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Jean Vanier Catholic Secondary School

Secondary: Catholic
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Bishop Paul Francis Reding Secondary School

Secondary: Catholic
1.74 km
For Sale
6 months ago
$349,900
  • 0 bath
  • 0 bed

575 Ontario Street, Milton, Ontario • L9T 2N2 • Timberlea