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Retail Space For Rent at 158 MAIN ST in Markham, Ontario

New
4 Sale ID #226232
Updated 29 Apr 2024

Monthly Rate

$7,700

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Multi-Use Heritage Building, Set in A Beautifully Preserved Heritage Building in The Heart of Unionville, Available for Lease. This Location Offers Exceptional Visibility and Access, Perfect for Businesses Aiming to Establish a Presence in A High-Foot-Traffic Area. The Building Retains Its Historical Charm but Comes Equipped with Modern Amenities, with Large Front-Patio Space, Seating Areas/Rooms on the Ground Floor & Second Floor, Kitchen (Equip with Commercial Sinks & Ovens), 2 Washrooms, Bar/Counter Service Area, and Storage Areas. Basement Unfinished. Approximately 1800 Sq Ft, Tenants to Verify Actual Square Footage. Estimated TMI is $2500+HST Per Month, Tenant to Pay All Utilities. Tenant has Option to Rent Individual Rooms/Floors Rather Than Entire Building. Parking Available on Side Laneway of Building and Back of Building. Suitable For a Variety of Uses Including Retail, Cafes, Bakeries, Spas, Offices, And Other Services. Excellent Opportunity for Entrepreneurs Looking to Capitalize on The Area's Residential Growth and Strong Tourist Appeal. **Photos Taken During Previous Tenant's Occupancy Of The Property - Chattels Shown In Photos Are Not Included** (id:39198)

  • MLS® : #N8235724
  • Date Listed : 15 Apr 2024

Location

Province

Ontario

City

Markham

Address

158 Main St

Postal Code

L3R2G9

Location Highlights

N/A

Listed by

BAY STREET GROUP INC. Ontario listing

Category

retail-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

1,800

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Monthly Rate

$7,700

Asking Price

$7,700

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,800

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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