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$299,000
Available - For Sale
Listing ID: C13076702
An exceptional opportunity to acquire a fully built-out hospitality venue at 172 Ossington Ave in Toronto, located in one of the city's most vibrant and sought-after nightlife corridors. This approximately 3,990 sq. ft. space spans two floors and is licensed for up to 150 patrons, making it ideal for a lounge, bar, or club concept. There is plenty of Lease term remaining with the Lease in place until 2034 with an additional 5 year renewal option. The main floor offers a turnkey social bar atmosphere designed for high-energy operations, complemented by a small kitchen suitable for light food service. The basement includes ample washroom facilities to support full capacity. The second floor is currently sub-leased with three years remaining, providing stable supplementary income. Positioned in the heart of the dynamic Ossington strip, this is a rare opportunity for operators to establish or expand in a high-traffic, trend-setting location.
Price $299,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 172 OSSINGTON Avenue , Toronto, M6J 2Z7, Toronto
Postal Code: M6J 2Z7
Province/State: Toronto
Directions/Cross Streets: Dundas & Ossington
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Without Property
Use: Bar/Tavern/Pub
Building Percentage: F
Total Area: 3,990
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9pm-2am
Employees #: 0
Seats: 150
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

172 OSSINGTON Avenue , Toronto, M6J 2Z7, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Trinity-Bellwoods
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Maintenance Fee: $0
Beds: 0
Baths: 0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949