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Executive Summary
Renovated Cash-Flowing Asset with Value-Add Upside in the Floors Above Its Culinary Anchor. The Restaurant will have a sale-leaseback structure. The restaurant will continue operating under the same ownership and the business is Not for Sale. Only the building is for sale: With a long-term restaurant tenant on the ground-floor. Full listing details and interior photos will be published on Tuesday, Sept. 7th. Kindly contact Broker Tuesday onward and not before. Thank you for your patience!
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,845 SF
Year Built/Renovated
1870/2024
Price
$4,964,184 CAD
Price Per SF
$849.30 CAD
Percent Leased
38%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.68
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CBD
Frontage
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 130200-5954-28-877907-0000 | Improvements Assessment | $2,123,568 CAD |
| Land Assessment | $220,630 CAD | Total Assessment | $2,344,198 CAD |
Property Taxes
Parcel Number
130200-5954-28-877907-0000
Land Assessment
$220,630 CAD
Improvements Assessment
$2,123,568 CAD
Total Assessment
$2,344,198 CAD
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246 Main St
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