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$4,200 Rent
Listed 10 hours ago
424 Preston Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 424 Preston Street
Key Facts
Key facts for 424 Preston Street
Property Type
Commercial
Parking
None
MLS #
X12474426
Size
-
Basement
-
Listed on
2025-10-21
Lot size
25 x 100.0
Tax
$16,607 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
INCREDIBLE OPPORTUNITY TO TAKE OVER A STUNNING AND FULLY EQUIPPED RESTAURANT IN THE HIGHLY SOUGHT AFTER - HEART OF LITTLE ITALY! This space is offered as a 2.5-year sublease or with the option to negotiate a new long-term lease, this 1,300 sq. ft. space features a functional and fully equipped kitch...en, seating for approx. 35 guests, a large and trendy fully stocked bar, 2 large washrooms, an additional prep and storage space in the basement, and separate back entrance to 3-car parking. Located on tourist-friendly Preston Street, surrounded by plenty of established restaurants, and retail, government offices and residential towers; this location provides excellent exposure and steady foot traffic. Triple-net rent is $4,200/month plus HST, with additional rent of approximately $900/month plus HST. All potential tenants must purchase the restaurant assets for $75,000 and provide proof of restaurant experience and financial capability. See Attached Feature Sheet for All Assets Included in Purchase Price. This property can also be offered as a sale of business.
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Courtesy of: EXP REALTY