515 Riddell Rd

Orangeville, Orangeville

MLS®: W5166047

2 bath 2500.00 sqft

$499,000

2 months ago

Viewed 25 times

For Sale

Description

Beautiful Modern St. Louis Bar & Grill In New Plaza In Orangeville. Located Just Off Of Hwy 10 And Surrounded By Residential, Businesses, Schools, And More, This 4-Year-Old Store Is In Fantastic Condition And Pumps Out The Sales. Boasting A 2,500 Sq Ft Modern Layout, Large Kitchen And Hood, And An Excellent Lease Rate Of Only $8,500 Gross Including Tmi With 6 + 5 + 5 Years Remaining On The Lease. Large Liquor License Of 107 Inside And 54 On The Patio.

Extra

Excellent Location In A Plaza With Mcdonalds, Mr. Lube, And More, And Across The Street From Other Busy Box Store Plazas. Great Franchisor Support, Currently Paying Only 5% Royalty. Big Average Sales Of 1.2 Million With Potential For More.

Key Facts

  • Taxes: $n/a
  • MLS#: W5166047
  • Price: $499,000
  • Status: Sale
  • Type: Sale Of Business
  • Style: n/a
  • Size: 2500.00
  • Updated: 2021-03-24 18:34:13.0
  • Year Built: n/a

Property

  • Type: Sale Of Business

Commercial General

  • Depth: 200.00
  • Lot Front: 464.07
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Elevator: None
  • Garage: Plaza
  • Heating: Gas Forced Air Closd
  • Possession Date: Tbd
  • Parking Places: 40
  • Seller Property Info Statement: N
  • Zoning: Business Commerical
  • Type: B.
  • Tax Year: 2020
  • Amps: 600
  • Use: Restaurant
  • Chattels: Y
  • Business/Building Name: St. Louis Bar & Grill
  • Employees: 8
  • Financial Statement: Y
  • Franchise: Y
  • Freestanding: Y
  • Hours Open: 12-9
  • LLBO: Y
  • Outside Storage: Y
  • Category: Without Property
  • Rail: N
  • Seats: 161
  • Sprinklers: Part
  • Total Area: 2500.00
  • Total Area Code: Sq Ft
  • Type Taxes: T.M.I.
  • Utilities: A
  • Volts: 200
  • Area Influences1: Major Highway
  • Area Influences2: Rec Centre
  • Orig lp cd: For Sale

Price History

Updated Price Event
$499,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 24 Mar, 2021. Days On Market: 83 Days

Listing By: RE/MAX ULTIMATE REALTY INC., BROKERAGE Information Updated: 2021-03-24 18:34:13.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700