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$849,000
Status: For Sale
The Pescaraa Restaurant & Venue is a highly successful business with exceptional sales and strong profitability. This 5,000 sq. ft. establishment is spread over two levels. The main level features a charming Italian restaurant with seating for 70-80 guests, while the lower level offers a banquet hall accommodating up to 100 people. Equipped with a full chefs kitchen, a large liquor license, and a spacious outdoor patio, this restaurant is fully prepared for business. The property boasts a long-term lease of 2+5 years at approximately $10,500 gross (including TMI). Situated in the vibrant town of Oakville, surrounded by a growing population, this location has undergone extensive renovations and upgrades by the current owner with significant investment. The kitchen is fully equipped and ready for operations. Don't miss this excellent business opportunity!
| Property Type | :Commercial |
|---|---|
| MLS Number | :W9258713 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Aug, 2024 (67 Days ago) |
| Source | :TRREB |
| Area | :Halton |
|---|---|
| Community | : Old Oakville |
| Postal Code | : L6J 1H8 |
| Price | : $849,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Lakeshore Rd & Trafalgar Rd |
|---|
16 Aug, 2024
TREB #W9258713
Available
$849000.0
