170 Prince William Way, Barrie (Innis-Shore) - Business for Sale
170 Prince William Way, Barrie (Innis-Shore), Ontario, L9J0G7
This business in Barrie is for sale offering roughly 1,154 sq ft of space. It has been on the market 13 days, fresher than the Barrie average of 51 days.
Description
Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community. (id:66096)
Property Details
- MLS®
- S14105296
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C5
- Bathrooms
- 1
- Interior Size
- 1,154 ft²
- Lot Size
- 1,154 sq ft
- Heating
- Hot water radiator heat, Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $9/yr
- Listed
- 13 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 13 days on market, against an average age of 51 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Barrie (Innis-Shore) has been listed for 13 days, which is 38 days fresher than the city average of 51. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9J)
This home lists at $250,000, about 3.0× the local median household income of $84,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $84,000
- Population
- 2,272
- Median age
- 36.8
- Owner / renter
- 64% / 36%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA L9J)
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$250,000
Barrie