Sale Of Business for Sale: 382 Spadina Avenue, Kensington-Chinatown, Toronto
- 1000 SQFT
Description
Commercial Sale Of Business For Sale.
Prime Turnkey Restaurant Opportunity on Spadina Ave near Dundas St W, right where Downtown Toronto's Chinatown meets Kensington Market! Surrounded by U of T, OCAD, major hospitals, and steps to the 510 Spadina streetcar with non-stop year-round foot traffic. Approx. 1,200 sq. ft. across the main floor and full basement, featuring an existing dine-in and high-volume takeout/delivery layout, full commercial kitchen with exhaust hood system, walk-in cooler/freezer, and spacious lower-level prep and storage area. Currently operating as a popular Chinese BBQ concept and easily adaptable to noodles, hotpot/malatang, ramen, Korean/Japanese, or other food concepts. Rare long-term lease security: current lease runs until June 14, 2031 plus one 5-year renewal option (to 2036). Attractive downtown rent at $6,500/month Base Rent + approx. $2,500/month TMI ($9,000/month + HST). Asking $139,900 for business and equipment only. Inventory is extra and valued at closing. Do not approach staff directly.
Cross Street: Spadina Avenue / Dundas Street West
Key Facts
- Days on: 1 days
- Mls Status: New
- Lot Type: Unit
- Garage Type: Outside/Surface
- Heat Type: Gas Forced Air Closed
- Cooling: Yes
- Building Area Total: 1000 Square Feet
- Retail Area: 1200 Sq Ft
Location 382, Spadina, Kensington-Chinatown, Toronto
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