1 – 389 MAIN STREET N

  • 2 hours ago
BusinessOntarioBrampton (Brampton West)L6X3P1389 Main Street, Brampton (Brampton West), Ontario, Canada, L6X3P1

389 Main Street, Brampton (Brampton West), Ontario, Canada, L6X3P1

389 Main Street, Brampton (Brampton West), Ontario, Canada, L6X3P1

Basics

  • Date added: Added 2 hours ago
  • Category:
  • Bathrooms: 3
  • Area: 2250 sq ft
  • Lot size: 0 sq ft
  • SubdivisionName: Brampton West
  • UnitNumber: 1
  • ListOfficeName: HOMELIFE/MIRACLE REALTY LTD
  • MLS ID: W12831504

Description

  • Description:

    A Gold Mine Portuguese Restaurant Bar & Grill, established in 2017, is strategically located in the heart of Brampton at the intersection of Main Street and Vodden Street. The business is positioned within a high-density residential and commercial district, surrounded by thriving retail activity. With unobstructed frontage on Main Street, the unit benefits from exceptional visibility and consistent high-traffic exposure-an ideal opportunity for investors seeking strong income potential and long-term growth. The property also offers convenient access to major highways and sits directly across from a busy shopping centre featuring Shoppers Drug Mart, GoodLife Fitness, Giant Tiger, and additional national retailers. The premises total 2,250 sq. ft. within a two-storey plaza and include a 640 sq. ft. commercial kitchen, 74 indoor seats, and an outdoor patio accommodating 28 guests. The unit features three washrooms-two spacious customer washrooms and one located in the kitchen. A beautifully crafted oak-wood bar measuring 31' x 2' serves as a focal point of the dining area. The restaurant offers a full dine-in, take-out, and catering menu, is licensed by the LCBO, and can be converted to any cuisine concept, including Indian. Monthly rent is $7,191.00 (inclusive of HST and TMI). The current lease extends until July 31, 2026, with a 5+5 renewal option. Average monthly utilities are approximately $1,500. The unit features 15-foot clear height ceilings with sprinklers and is constructed with durable structural materials. A rear entrance provides convenient access for catering pickups and deliveries. Parking is abundant, with four designated spots at the front of the unit, an additional 40 shared front-lot spaces, and more than 150 additional parking spaces located behind the building. The business is competitively priced at $355,000. The equipment value alone is appraised at $224,150. Inventory is excluded from the sale price and will be calculated separately. (id:62692)

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Building Details

  • ParkingTotal: 194
  • Heating: Forced air

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: Yes
  • Cooling: Fully air conditioned
  • Total Fireplaces: 0

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