Excellent opportunity to own a well-established restaurant in the heart of downtown Stoney Creek, surrounded by residential neighbourhoods, retail shops, and steady traffic throughout the day.
The restaurant features 40 seats, potential for a patio, a fully equipped chef’s kitchen, and a walk-in cooler and freezer.
BONUS – 4-BEDROOM APARTMENT INCLUDED IN THE RENT! Buyers can live upstairs and operate the restaurant or continue renting out the apartment for additional income.
PROPERTY HIGHLIGHTS
• 81 KING ST E, STONEY CREEK, ON(KING ST E / NEW MOUNTAIN RD)
• SQ FEET 1700
• TOTAL MONTHLY RENT: $3,500 (TMI & HST INCLUDED)
• APARTMENT RENTAL INCOME: $2,500/MONTH
• EFFECTIVE MONTHLY RENT: ONLY $1,000 AFTER APARTMENT RENTAL INCOME
• APPROXIMATE MONTHLY SALES: $45,000–$55,000
• SEATING CAPACITY: 40 SEATS
• PATIO: POTENTIAL
• EQUIPMENT: WALK-IN COOLER & FREEZER
• RESIDENTIAL UNIT: 4-BEDROOM APARTMENT INCLUDED IN RENT
• PLENTY OF PARKING AVAILABLE
• PRICE: $230,000
- Property Type:
- Restaurant
- Total Area (Sq Ft):
- 1700
- Parking:
- PLAZA
- Dir/Cross St:
- KING ST EAST / NEW MOUNTAIN ROAD
- Listing Type:
- For Sale
- Listing ID:
- 1235
- Price:
- $229,000
- Show Address:
- 1
- Lot Area:
- 0
- Half Bathrooms:
- 0
- Build Year:
- 0
- Location:
- Street:
- King St
- Street Number:
- 81
- Postal Code:
- L8G 1K3
- Floor Number:
- 0
- Longitude:
- W74° 18' 0.2''
- Latitude:
- N40° 43' 37.7''
- Listing ID:
- 1235
- Lot Area:
- 0
