$349,000
Available - For Sale
Listing ID: E12532238
1282 Danforth Avenue , Toronto, M4J 1M6, Toronto
| Morgans on the Danforth is a longstanding and highly successful restaurant and bar located on one of the Danforth's coolest and most vibrant blocks. The space is fully licensed for 60 seats inside plus 12 on the street patio, with the potential to expand seasonally through the CaféTO program. The restaurant spans 1,200 sq ft and features a full commercial kitchen equipped with a 9-ft commercial hood and a large walk-in fridge. The layout includes a solid bar and an additional seating area at the back, ideal for private parties or events. This is a turnkey opportunity available with training, or it can be converted to suit a different concept or cuisine. Lease rate is $7,256 Gross Rent including TMI with 4 + 5 years remaining. Please do not go direct or speak to staff. |
| Price | $349,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 1282 Danforth Avenue , Toronto, M4J 1M6, Toronto |
| Postal Code: | M4J 1M6 |
| Province/State: | Toronto |
| Legal Description: | PT LT 388 N/S DANFORTH AV PL 509E TORONT |
| Directions/Cross Streets: | Danforth Ave & Greenwood Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1200.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 0 |
| Employees #: | 10 |
| Seats: | 72 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 3 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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Years
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| ROYAL LEPAGE SIGNATURE REALTY |
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Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E03 |
| Neighbourhood: | Danforth |
| Baths: | 3 |
| Fireplace: | N |
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