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Home ON Greater Toronto Area Vaughan Pine Valley Business Park
13 - 200 MARYCROFT AVENUE W
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13 - 200 MARYCROFT AVENUE W $250,000
$250,000
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13 - 200 MARYCROFT AVENUE W
Vaughan (Pine Valley Business Park), Ontario L4L5X9

MLS® Number: N9768476

Listing Description

Discover the dynamic ""Lamasu Lounge and Grill,"" a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today! **** EXTRAS **** All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more. (37364167)

Location Description

Hwy 7 & Pine Valley Dr.

Property Summary

Property Type
Business
Community Name
Pine Valley Business Park
Annual Property Taxes
$6,793.91
Time on REALTOR.ca
16 days

Building

Interior Features
Appliances Included
Dishwasher, Freezer, Oven
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)

Measurements

Square Footage
1500 sqft

Land

Other Property Information
Zoning Description
Retail
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JAMES DANIEL