739 Queen Street W 2nd Floor, Toronto C01, ON M6J 1G1 (Queen St W & Tecumseth St)

Price : $100,000.00 , MLS®# : C12712152

Description

FOR SALE: ELEGANT TURNKEY HOSPITALITY VENUE IN QUEEN WEST, TORONTO. A rare opportunity to own a fully renovated, upscale hospitality space in Toronto's vibrant Queen West. Spanning 5,673 sq. ft., this stylish venue is ideal for a restaurant, lounge, cocktail bar, offering high-end finishes, state-of-the-art technology, and a prime location. HIGHLIGHTS: Elegant Interiors: Custom millwork, modern design, and premium finishes. Licensed for 200 Guests: Multiple lounge areas + private second-floor patio (licensed for 40). Advanced A/V & Lighting: 12 HD projectors, JBL speakers, and Savant smart lighting. Fully Equipped Bar & Kitchen: Perlick refrigeration, EFI appliances. Long-Term Lease Stability: Secure lease through 2031 + Two (2) 5-year renewal options. Prime Location: High foot traffic, surrounded by top retail, dining & nightlife. Versatile & Event-Ready: Ideal for private events, corporate functions, and upscale nightlife. This turnkey opportunity eliminates build-out costs, offering exceptional value for hospitality entrepreneurs looking to expand or launch in a high-demand urban hub. Serious Inquiries only. Lease details, and private tours available upon request. NO NEED FOR SECURITY DEPOSITS OR ADDITIONAL RENT DEPOSITS - SELLER HAS PROVIDED $300K TO LANDLORD WHICH WILL BE APPLIED TO THE LEASE/RENT IN YEAR 10. BUYER TO REPAY THE $300 TO SELLER ONCE IT'S RELEASED FROM THE LANDLORD. CURRENT RENT INCLUDING ADDITIONAL RENT IS APPROX. $23,000 PLUS HST.

Location Description

Queen St W & Tecumseth St

Property Details
  • Community: Niagara
  • Property Type: Tenant/Commercial
  • Bath: 9
  • Garages: None
  • Annual Property Taxes : $ 20
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
Land (Lot Features)
  • Frontage: 72 sq.ft
  • Land Depth: 79sq.ft

Listing Contracted With: M.R.S. REALTY INC.