43 Main Street East, Grimsby (Grimsby East) - Business for Sale
43 Main Street East, Grimsby (Grimsby East), Ontario, L3M1M7
This business in Grimsby is for sale. It has been on the market 37 days, fresher than the Grimsby average of 46 days.
Description
Excellent opportunity to own a well-established Japanese AYCE sushi restaurant in the heart of Downtown Grimsby. Newly renovated with a loyal local customer base and strong takeout and delivery business. Fully equipped and turnkey, suitable for continuing the current sushi concept or converting to another restaurant concept. Attractive gross rent of approx. $5,630/month including Net Rent, TMI & HST. Current lease runs until December 31, 2029, with a supportive landlord and potential to negotiate a 5-year extension or new lease. Great downtown location just minutes from the QEW. (id:66096)
Property Details
- MLS®
- X13834214
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- restaurant
- Frontage
- 96 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 37 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 37 days on market, against an average age of 46 days across the listings currently for sale in this city
This business in Grimsby (Grimsby East) has been listed for 37 days, which is 9 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3M)
This home lists at $156,000, about 1.5× the local median household income of $104,000.
Carrying it typically needs a household income of about $30,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $104,000
- Population
- 28,433
- Median age
- 44.8
- Owner / renter
- 83% / 17%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3M)
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$156,000
Grimsby