478 Bay Street, Midland - Business for Sale
478 Bay Street, Midland, Ontario, L4R1K9
This business in Midland is for sale. It has been on the market 10 days, fresher than the Midland average of 98 days.
Description
Located at the high-visibility corner of Bay St & Midland Ave, this fully equipped, thriving Indian-Canadian fusion restobar offers a seamless walk-in & take-over operation. Situated in a prominent commercial hub (formerly a high-traffic Tim Hortons), the space features a fully functional commercial kitchen, generous seating, & established takeout/delivery channels. Massive growth potential with franchise/wholesale capabilities. A premier Simcoe County culinary staple! (id:66096)
Property Details
- MLS®
- S14115180
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Restaurant
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 10 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 10 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Midland has been listed for 10 days, which is 88 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4R)
This home lists at $249,900, about 3.5× the local median household income of $70,500.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,500
- Population
- 19,245
- Median age
- 50.4
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA L4R)
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$249,900
Midland