Downtown Toronto Entertainment District Restaurant Opportunity At The Corner Of Mercer And John Streets. Ideally Positioned Near King Street West, Theatres, Sports Venues, Hotels, Offices And Residential Towers, With A Surrounding Mix Of Dining And Nightlife That Appeals To Residents, Professionals And Visitors Alike. Approximately 4,595 Sq. Ft. With A Tasteful Interior, Beautiful Bar And A Commercial Kitchen Featuring A Large Exhaust Hood And Walk-In Fridge. A Patio On John Street Extends The Dining Experience Outdoors. Licensed For 174 Patrons Inside And 24 Outside. The Existing Restaurant Infrastructure And Prominent Downtown Setting Provide An Excellent Foundation For An Experienced Operator To Bring A New Brand And Concept To The Space.
Address
5 Mercer Street
List Price
$369,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Waterfront Communities C1
Region
Toronto
Lot Type
Lot
Lot Size Units
Feet
Total Building Area
4595
Occupant Type
Tenant
Cross Street
John/Mercer
Approx. Age
31 - 50 Years
MLS® Number
C13845830
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Basement
No
Postal Code
M5V 1H2
Posession Details
TBD
Tax Year
2026
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Underground
Security Features
Yes
Sewer
Sanitary