Unknown
Unknown, ON
$688,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
97%
Lot Size
0.11937557392102846 ac
About this property
PRIME HIGH INCOME GRANVILLE STREET OPPORTUNITY. Fully built sports bar with existing liquor primary license which allows you operate as a night club, offering flexibility to convert into a high-revenue nightlife venue. Features include full commercial kitchen type 1 hood, equipment include at 12 feet Walk-in cooler, brand-new 8-tap draft system , 16 ft walk-in beer cooler, 150"projector, premium Bose sound system (30+ speakers), DJ lighting setup, and HVAC. Renovated with 4 washrooms + approved 2nd floor washroom. Mezzanine & 2nd floor bar plumbing in place. 3 rear parking, lane access, ATM income, and strong event-driven upside. Turnkey setup in one of the city's busiest entertainment corridors. LONG TERM LEASE! NO DEMOLITION CLAUSE. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$50K
Annual cash flow
$12K
Cash-on-cash
5.92%
DSCR
1.32
Going-in cap
7.32%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
143,494
Households
58,582
Median income
$77,500
Median age
43.2
Daytime population
232,878
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unknown.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.