114 Cumberland Street, Toronto | Image 1

114 Cumberland Street

Toronto, Annex

  • Commercial

$249,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C11886673

  • Added: Dec 09, 2024 (1 week ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: REON HOMES REALTY INC.

A Thriving, Well-Established, Turn Key Caf/Bar Restaurant That Has Been A Staple In the Annex Community for Over 20 Years. This Caf/Bar is An Unmatched Opportunity For Aspiring Entrepreneurs Or Experience Operators Looking To Step Into An Already Successful Venture. Situated In A High-Visibility Yorkville Location With Excellent Foot Traffic. Surrounded By High-Rise Residential Buildings & Offices The Property Boasts A Spacious And Inviting Atmosphere With Both Indoor And Outdoor Seating. The Seller Is Willing To Provide Training If Needed, Ensuring A Seamless And Successful Transition. 1165sq Feet, Llbo For 45 Seats, Walkin Cooler, Walkin Freezer, Gross rent $7329 (2+5 Years Lease Terms).

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Annex

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: CUMBERLAND ST & BAY

  • Municipality District: Toronto C02

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 5

  • Retail Area Metric: Sq Ft

  • Total Area: 1165

  • Total Area Metric: Sq Ft

  • Hours Open: 12pm-11

  • Area Influence: Public Transit

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 45

  • Business/Building Name: I n d u l g e C a f e & B a r

  • Financial Statement: Y

  • LLBO: Y

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