685 Queen Street E Street, Sault Ste Marie | Image 1

685 Queen Street E Street

Sault Ste Marie

  • Commercial

$180,000
For Sale

Added 4 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: B6S COMMERCIAL

  • Age: No Data

  • Taxes: 2025

  • MLS®#: X11937430

  • Added: Jan 23, 2025 (4 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ELIXIR REAL ESTATE INC.

Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution!

Extras

Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Sault Ste Marie

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2025

  • Taxes: $2,025

  • Taxes Type: T.M.I.

Land

  • Cross Street: QUEENT ST E & EAST S

  • Municipality District: Sault Ste Marie

  • Parcel Number: 315410216

  • Lot Depth: 103.12 Feet

  • Lot Frontage: 26.99 Feet

  • Zoning: B6S COMMERCIAL

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 2065

  • Retail Area Metric: Sq Ft

  • Hours Open: 09

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 70

  • Financial Statement: Y

  • LLBO: Y

Map of 685 Queen Street E Street, Sault Ste Marie
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