20 Ontario Street, Port Hope | Image 1

20 Ontario Street

Port Hope, Port Hope

  • Commercial

$349,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C3

  • Age: No Data

  • MLS®#: X11993830

  • Days on Site: 1 Days

  • Added: Feb 28, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

This well-established restaurant and bar generates impressive annual sales exceeding $900,000. It is fully equipped and turnkey, making it ready for both restaurant and bar services. Located in a prime area, the business benefits from ample customer parking. The rent is highly affordable at just $6,100 per month, which includes TMI and HST. A secure lease is in place with a 5-year term and an additional 5-year renewal option. The spacious dining area comfortably accommodates 75 guests. The business is also set up for takeout and delivery, providing additional revenue opportunities. To ensure a smooth transition, owner training is included. This is a fantastic opportunity to own a thriving restaurant and bar with a strong customer base. Don't miss out!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Port Hope

  • Community: Port Hope

  • Availability Date: immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2025

  • Expenses: Act

  • Taxes Type: N/A

Land

  • Cross Street: Ontario St / Walton

  • Municipality District: Port Hope

  • Lot Depth: 99.26 Feet

  • Lot Frontage: 19.69 Feet

  • Zoning: C3

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 1927

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1927

  • Total Area Metric: Sq Ft

  • Hours Open: Friday

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 75

  • Financial Statement: Y

  • LLBO: Y

Very Walkable

  • Most errands can be accomplished on foot.
88 /100

Very Bikeable

  • Most errands can be accomplished on bike.
70 /100
Map of 20 Ontario Street, Port Hope
7-8

Dale Road Senior School

Elementary: Public
9.09 km
7-8

Dr M S Hawkins Senior School

Elementary: Public
1.40 km
JK-6

Beatrice Strong Public School

Elementary: Public
1.65 km
JK-8

Terry Fox Public School

Elementary: Public
8.60 km
JK-6

Ganaraska Trail Public School

Elementary: Public
1.75 km
JK-8

St. Anthony Catholic Elementary School

Elementary: Catholic
1.55 km
9-12

Clarke High School

Secondary: Public
24.64 km
9-12

Port Hope High School

Secondary: Public
1.33 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
36.39 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
36.71 km
9-12

St. Mary Catholic Secondary School

Secondary: Catholic
10.56 km
9-12

Cobourg Collegiate Institute

Secondary: Public
11.43 km

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