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Renanza Realty
For sale

1 - 389 MAIN STREET N

Brampton (Brampton West), Ontario

MLS® W12831504

$355,000

Status
Active
Property type
Business
MLS® number
W12831504
Bedrooms
Bathrooms
3
Year built

Listing description

This exceptional commercial opportunity is situated within a highly desirable plaza on approximately 2. 55 acres of land. The established Portuguese bar and grill, founded in 2017, has built a strong reputation and offers excellent potential for conversion to Indian cuisine or other culinary concepts.

Strategically positioned in the heart of Brampton at the intersection of Main Street and Vodden Street, the unit benefits from outstanding visibility and exposure. The premium location attracts substantial foot traffic and provides strong long-term growth potential. Surrounded by major highways, residential communities, commercial hubs, industrial zones, and retail corridors, the property is ideally situated to support a thriving restaurant business.

The premises consist of 2,250 sq. ft. within a two-story plaza, including a 640 sq.

ft. commercial kitchen. The dining area accommodates 74 indoor seats and an outdoor patio with seating for 28 guests.

Full dine-in, takeout, and catering services are offered. The unit includes three washrooms: two customer washrooms and one within the kitchen. The LCBO-licensed bar is crafted from oakwood and features a marble countertop measuring 31' x 2', serving as a focal point of the dining area and a strong revenue generator.

This renovated corner unit provides excellent loading capabilities and features high clear height, an efficient layout, full sprinkler coverage, freehold ownership, and a detached structure on both sides. Customers benefit from access to both front and rear parking areas. Zoned Service Commercial SC 3285, the property offers flexibility for commercial use.

The plaza provides grass cutting, watering, and snow removal. As a freehold unit, there are no condominium fees. The rear entrance allows convenient catering pickups and deliveries.

Parking includes four designated front spaces, 40 shared spaces, over 150 additional spaces behind the building, and three reserved spaces.

Property summary

MLS® number
W12831504
Property type
Business
Square footage
2,250 sq ft
Parking
194 spaces
Days on market
186 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Washer, Dishwasher, Wine Fridge, Oven, Microwave, Alarm System, Freezer

What would this home cost you?

Based on the $355,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,652 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, BRAMPTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.