170 PRINCE WILLIAM WAY
Barrie (Innis-Shore), Ontario
MLS® S14105296
$250,000
- Status
- Active
- Property type
- Business
- MLS® number
- S14105296
- Bedrooms
- —
- Bathrooms
- 1
- Year built
- —
1 / 20Listing description
Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby.
The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable.
*** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space.
A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community.
Property summary
- MLS® number
- S14105296
- Property type
- Business
- Leasable Area
- 1,154 sq ft
- Land size
- 1154 acres
- Annual property taxes
- $9.00
- Days on market
- 15 days
Features & details
- Heating
- Hot water radiator heat, Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REAL ONE REALTY INC., RICHMOND HILL.
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.