388 Richmond ST #5B, Toronto C01, ON M5V 1X6
388 Richmond ST #5B, Toronto C01, ON M5V 1X6
388 Richmond ST #5B, Toronto C01, ON M5V 1X6
388 Richmond ST #5B, Toronto C01, ON M5V 1X6
388 Richmond ST #5B, Toronto C01, ON M5V 1X6
388 Richmond ST #5B, Toronto C01, ON M5V 1X6
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$ 189,000
Est. payment | /mo

2 Baths

976 SqFt


Save
$ 189,000
Est. payment | /mo
Save

2 Baths

976 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 976 sqft

Price per Sqft $193

Municipality Toronto C01

Subdivision Waterfront Communities C1

MLS Listing ID C13810440

Tax Year 2025

Lot Size 976 Sqft

Property Sub-Type Sale Of Business

Property Description

Downtown Toronto licensed restaurant on Richmond Street available for rebranding into a different concept, cuisine, or franchise. Currently operating as a French fusion restaurant,this established location offers excellent sales in a compact and efficient space, making it ideal for an owner-operator or a brand looking for a strong downtown presence. The 976 Sq Ft Commercial unit features a modern layout on the sunny north side of the street and is licensed for 30 guests. The space is designed for efficient service and comfortable dining while remaining easy to manage. The kitchen is fully equipped with an 8-Ft commercial hood and onewalk-in fridge to support a variety of cuisines and restaurant styles. Lease rate of $5,221 Gross Rent including TMI with 2 + 5 + 5 years remaining, offering strong value for a downtown Toronto location. This restaurant is open for conversion into many different concepts while benefiting from its existing infrastructure and established customer base. Please do not go direct or speak to staff or ownership.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Zoning Business Commercial

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Public Transit, Subways

Utilities Available Available

Building

Lot Description Lot

Lited by ROYAL LEPAGE SIGNATURE REALTY

Nearby Locations

Kasia Bialek
Kasia Bialek

Broker

+1(416) 822-9472 | kasiabialek.re@gmail.com

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388 Richmond ST #5B