441 KING STREET E
Cobourg, Ontario
MLS® X14159976
$179,000
- Status
- Active
- Property type
- Business
- MLS® number
- X14159976
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
Well-established Chinese takeout restaurant. Successfully operated by the current owner for 6 years with a loyal customer base and consistent weekly sales of approximately $8,500-$10,000. Approximately 1,500 sq.
ft. with monthly rent of $4,934. 59, including TMI and HST.
Lease expires October 21, 2029, with an additional 5-year renewal option. Open only 6 days per week. The business generates attractive owner income after operating expenses.
Potential to convert to other restaurant concepts, subject to required approvals. Owner is selling due to health reasons. Excellent opportunity for an owner-operator or family-run business.
Property summary
- MLS® number
- X14159976
- Property type
- Business
- Leasable Area
- 1,500 sq ft
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $179,000 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., OAKVILLE.
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.