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114 Cumberland ST #Lower Level Toronto C02, ON M5R 1A6
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Annex
MLS Listing ID C12581258
Annual Tax Amount $211,724
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Retirement sale of rare Yorkville business opportunity - Business for Sale OR takeover. Operating as "Indulge Cafe & Bar" in a premium high-traffic area directly across from the Village of Yorkville park in the center of one of Toronto's most sought after areas. Fully operational 1,165 sq.ft. cafe & bar space including chattels ready for a turn-key takeover or rebranding into a fresh, exciting concept. Recommended concepts include cafe & desserts, bakery, speakeasy downtown bar, light food use, lounge, etc. Key features include existing L.L.B.O. liquor license for 40 patrons, outdoor patio space with heaters, walk-in cooler and freezer, great signage potential and a full list of chattels including everything needed to operate the business from day one. Owner willing to sell the business outright or collaborate with new owner for an equity position and buy-out over time.
Location
Province ON
County Toronto
Community Annex
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Recreation/Community Centre, Subways
Utilities Available Available
Lot Frontage 49.95
Lot Depth 80.0
Others
ParcelsYN No
Listed by CITY COMMERCIAL REALTY GROUP LTD.