#1 389 Main Street North, Brampton (Brampton West) - Business for Sale
#1 389 Main Street North, Brampton (Brampton West), Ontario, L6X3P1
This business in Brampton is for sale offering roughly 2,250 sq ft of space.
Description
This exceptional commercial opportunity is situated within a highly desirable plaza on approximately 2.55 acres of land. The established Portuguese bar and grill, founded in 2017, has built a strong reputation and offers excellent potential for conversion to Indian cuisine or other culinary concepts. Strategically positioned in the heart of Brampton at the intersection of Main Street and Vodden Street, the unit benefits from outstanding visibility and exposure. The premium location attracts substantial foot traffic and provides strong long-term growth potential. Surrounded by major highways, residential communities, commercial hubs, industrial zones, and retail corridors, the property is ideally situated to support a thriving restaurant business. The premises consist of 2,250 sq. ft. within a two-story plaza, including a 640 sq. ft. commercial kitchen. The dining area accommodates 74 indoor seats and an outdoor patio with seating for 28 guests. Full dine-in, takeout, and catering services are offered. The unit includes three washrooms: two customer washrooms and one within the kitchen. The LCBO-licensed bar is crafted from oakwood and features a marble countertop measuring 31' x 2', serving as a focal point of the dining area and a strong revenue generator. This renovated corner unit provides excellent loading capabilities and features high clear height, an efficient layout, full sprinkler coverage, freehold ownership, and a detached structure on both sides. Customers benefit from access to both front and rear parking areas. Zoned Service Commercial SC 3285, the property offers flexibility for commercial use. The plaza provides grass cutting, watering, and snow removal. As a freehold unit, there are no condominium fees. The rear entrance allows convenient catering pickups and deliveries. Parking includes four designated front spaces, 40 shared spaces, over 150 additional spaces behind the building, and three reserved spaces. (id:66096)
Property Details
- MLS®
- W12831504
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Service Commercial (SC-3285)
- Bathrooms
- 3
- Parking
- 194
- Interior Size
- 2,250 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 248 days ago
Features
- Appliances
- Washer, Dishwasher, Wine Fridge, Oven, Microwave, Alarm System, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 248 days on market, against an average age of 54 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 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Brampton (Brampton West) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6X)
This home lists at $310,000, about 2.7× the local median household income of $116,000.
Carrying it typically needs a household income of about $60,554 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $116,000
- Population
- 76,113
- Median age
- 35.6
- Owner / renter
- 79% / 21%
- Avg. household size
- 3.6
Source: Statistics Canada, 2021 Census (FSA L6X)
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Brampton
