126 Victoria Street West, New Tecumseth (Alliston) - Business for Sale
126 Victoria Street West, New Tecumseth (Alliston), Ontario, L1G0C2
This business in New Tecumseth is for sale offering roughly 2,250 sq ft of space. It has been on the market 7 days, fresher than the New Tecumseth average of 53 days.
Description
Rare opportunity to own a beautifully designed restaurant in the heart of Alliston! This spacious 2,250 sq. ft. restaurant offers 170 seats, including indoor dining and patio, along with a liquor license. Features a large chef's kitchen with plenty of workspace, a 10-foot exhaust hood, walk-in cooler, and brand-new dishwasher. Plenty of rear parking. All types of cuisine permitted, offering great flexibility for different restaurant concepts. One of the biggest advantages is the exceptionally low rent of just $3,500 per month, including TMI, HST, and water. The lease has 4.5 years remaining plus a 5-year renewal option. An excellent opportunity to own a spacious, fully equipped restaurant with affordable rent! (id:66096)
Property Details
- MLS®
- N14132160
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 2,250 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 7 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 7 days on market, against an average age of 53 days across the listings currently for sale in this city
This business in New Tecumseth (Alliston) has been listed for 7 days, which is 46 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1G)
This home lists at $149,000, about 2.0× the local median household income of $75,500.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $75,500
- Population
- 43,497
- Median age
- 43.2
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L1G)
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$149,000
New Tecumseth