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170 PRINCE WILLIAM WAY, Barrie (Innis-Shore), Ontario

$250,000

1 bath · 1,154 sq ft

MLS® S14105296

Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community. (id:56426)

DAVID GUO

Listed by REAL ONE REALTY INC.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
19,316
Median household income
$119,973
Median home value
$782,763
Owner-occupied
81%
Homes for sale
253
Median list price
$830,000

Source: Statistics Canada 2021, LiveBy

Map of Innishore
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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