Jag Patel
Broker
$299,000
Available - For Sale
Listing ID: C13076702
172 OSSINGTON Avenue , Toronto, M6J 2Z7, Toronto
| 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: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 172 OSSINGTON Avenue , Toronto, M6J 2Z7, Toronto |
| Postal Code: | M6J 2Z7 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Dundas & Ossington |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Bar/Tavern/Pub |
| Building Percentage: | F |
| Total Area: | 3990.00 |
| 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 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Trinity-Bellwoods |
| Fireplace: | N |
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