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Ed Tracy, REALTOR®

For sale · Innis-Shore, Barrie

170 Prince William Way, Barrie

$250,000

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Directions / cross streets: Mapleview/Prince William Way

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Property type
Business
Bathrooms
1
Approx. size
1154 sq ft
Postal code
L9J0G7
MLS® number
S14105296

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About this property

Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community. (id:66289)

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Property details

Neighbourhood
Innis-Shore
Heating
Hot water radiator heat, Forced air, Natural gas
Cooling
Fully air conditioned
Lot size
1154
Water
Municipal water
Zoning
C5
Annual taxes
$9 (2025)
Cross streets
Mapleview/Prince William Way

Listing courtesy of REAL ONE REALTY INC.. The listing data displayed on this site is provided under copyright by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.