640 Church Street, Toronto | Image 1

640 Church Street

Toronto, Church-Yonge Corridor

  • Commercial

$299,000
For Sale

Added 6 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C10426041

  • Days on Site: 5 Days

  • Added: Nov 13, 2024 (6 days ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: HOMELIFE/BAYVIEW REALTY INC.

Recently renovated Mexican restaurant & bar located at prime intersection facing busy street and next door to new condo high-rise under construction, surrounded by homes and offices. Same owner since February 2024 with major extensive renovations with new kitchen equipment, walk-in cooler, lighting, flooring, 2 bars, 2 patios, 4 washrooms, 2 kitchens and 2 exhaust hoods. Strong growing sales with excellent menu serving best-tasting Mexican foods and drinks. LLBO for 54 seats indoor + 46 seats patio. Over $500K spent in recent renovations. Lots of potential to grow sales if owner-operated. Could easily be converted to any type of cuisine. Don't miss this one.

Extras

Sales $60K/Month; Rent $13,000/Month includes TMI & HST. Lease 4 years + 5 + 5. Please be discreet when showing - do not go without appointment. Employee-operated business.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Church-Yonge Corridor

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Bloor/Church

  • Municipality District: Toronto C08

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 1600

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2500

  • Total Area Metric: Sq Ft

  • Hours Open: 4pm-11p

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 100

  • Financial Statement: N

  • LLBO: Y

Map of 640 Church Street, Toronto
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