506 Queen Street W, Toronto, Ontario M5V 2B3

Listed for:
$250,000
0 beds
3 baths
Listed 54 days ago
506 Queen Street W, Toronto, Ontario M5V 2B3

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Learn more about this property
Listing provided by:
RE/MAX ULTIMATE REALTY INC.
MLS® number:
C9511324
Agent:
Christian Armando Petronio
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About

Portland St. READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft. **EXTRAS** Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor. (id:27476)

Property Highlights

MLS® Number
C9511324
Type
Business
Community Name
Kensington-Chinatown

Building

Square Footage
2275 sqft
Bathrooms Total
3
Amenities
Public Transit, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Street Spotlight - For sale