3204, Yonge, Lawrence Park North, Toronto, Commercial
- 1900 SQFT
Description
Commercial Sale Of Business For Sale.
High-exposure corner restaurant opportunity in one of Toronto's strongest retail corridors. This offering is strictly an asset sale, with no brand name or goodwill included, making it ideal for an operator looking to step into a fully built-out space and execute their own concept. Strategically positioned within a 5-minute walk of Yonge-Lawrence subway station, the property benefits from consistent pedestrian traffic, excellent visibility, and seamless connectivity to the rest of the city. The prominent corner presence provides outstanding signage exposure along Yonge Street, placing the business in front of a steady flow of both vehicular and foot traffic in a dense, affluent neighbourhood. The space is fully improved with a turnkey restaurant build-out, including a large basement commissary kitchen equipped with high-quality fixturing and chattels. The layout is highly functional and can be easily adapted to a variety of concepts, including quick service, fast casual, ghost kitchen, or catering operations, allowing an incoming operator to significantly reduce upfront capital and time to open. The existing lease runs through December 31, 2032, and includes two additional five-year renewal options, providing long-term security in a premier Yongei Street location. This is a rare opportunity to acquire a fully fixtured restaurant space without the cost, timing, and execution risk associated with a new build-out.
Cross Street: Yonge St. & Lawrence Ave. W.
Key Facts
- Days on: 53 days
- Mls Status: Sold Conditional
- Lot Type: Unit
- Garage Type: Street
- Heat Type: Gas Forced Air Open
- Cooling: Yes
- Building Area Total: 1900 Square Feet
- Retail Area: 1900 Sq Ft
Location 3204, Yonge, Lawrence Park North, Toronto
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