199 Broadway, Orangeville | Image 1

199 Broadway

Orangeville, Orangeville

  • Commercial

$429,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Business Commerc

  • Age: No Data

  • MLS®#: W8180550

  • Added: Mar 28, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Gorgeous licensed restaurant on Broadway in downtown Orangeville. Rustik Local Bistro is a stunning restaurant in a corner location in the heart of downtown with great exposure and signage. This is a very popular business with proven sales and income on top of salary for owners. It has a large liquor license for 125 with an upper mezzanine and private rooms for parties and meetings. High ceilings and windows with a lovely atmosphere and a full chef's kitchen with a 12 ft commercial hood and 2 walk-ins.

Extras

Lease rate of $8,720 gross rent including TMI with 5 + 5 years remaining. This is a profitable business and it is available with training, but it can also be rebranded into another concept. 2 private parking spaces + tons of municipal.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Orangeville

  • Community: Orangeville

  • Availability Date: TBD

Inside

  • Bathrooms: 5

  • Air Conditioning: Y

  • Washrooms: 5

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 1, PL 46 ; ORANGEVILLE

  • Taxes Type: T.M.I.

Land

  • Cross Street: First St & Broadway

  • Municipality District: Orangeville

  • Sewer: San+Storm

  • Lot Depth: 132.79 Feet

  • Lot Frontage: 22.16 Feet

  • Zoning: Business Commerc

Commercial Specific

  • Number of Employees: 20

  • Rail: N

  • Retail Area: 3423

  • Retail Area Metric: Sq Ft

  • Total Area: 3423

  • Total Area Metric: Sq Ft

  • Hours Open: 4-9:30

  • Days Open: 5

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 125

  • Soil Test: N

  • Business/Building Name: Rustik Local Bistro

  • Financial Statement: N

  • LLBO: Y

Map of 199 Broadway, Orangeville
JK-8

St Peter Separate School

Elementary: Catholic
0.97 km
JK-8

Princess Margaret Public School

Elementary: Public
0.73 km
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Parkinson Centennial School

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1.23 km
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Credit Meadows Elementary School

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1.55 km
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St Andrew School

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Princess Elizabeth Public School

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0.70 km
11-12

Dufferin Centre for Continuing Education

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Erin District High School

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Robert F Hall Catholic Secondary School

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Centre Dufferin District High School

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20.14 km
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Westside Secondary School

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2.59 km
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Orangeville District Secondary School

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0.59 km
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