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$265,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $110
MLS Listing ID X12366065
Annual Tax Amount $7,850
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Turnkey Fine Dining Restaurant in Prime Cambridge Location rare opportunity to acquire a fully operational and highly profitable fine dining establishment in the heart of Cambridge's bustling King Street. This business offers an exceptional foundation for a passionate restaurateur to implement their own culinary vision. Situated on a high-traffic section of King Street, ensuring excellent visibility and foot traffic. A generous 2,400 sq. ft. layout with seating for 60 guests, providing a comfortable and intimate dining experience. Benefit from a highly competitive lease rate of only $5,500 per month including TMI, significantly boosting profitability. The professional kitchen is a chef's dream, featuring a 24-foot kitchen hood, a large walk-in cooler, and ample storage space, ready for immediate use. The business holds a valid liquor permit, allowing enhance business need, Convenient on-street parking and a large private lot at the rear ensure easy access for all patrons. The basement offers endless possibilities for additional storage, event space, or creative concepts. This turnkey operation is a unique chance to step into a successful business with all the necessary infrastructure in place. The current setup is ideal for a new owner to take over and build upon its established reputation or implement own menu. Don't miss out on this exceptional opportunity to own a profitable restaurant in a highly desirable location .Please do not visit the business without an appointment or disturb staff. showing through broker bay or listing agent.
Location
Province ON
County Waterloo
Area Waterloo
Zoning C5
Interior
Cooling Yes
Exterior
Lot Frontage 51.0
Lot Depth 209.0
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Listed by HOMELIFE 247 REALTY