685 Queen St E St

Sault Ste Marie | | P6A 2A6

$180,000

Est. Mtg $610 /mo
  • Days on market

  • Status

Listing Broker ELIXIR REAL ESTATE INC.
Since listed: 1 views

Home details

MLS #:

X11937430

Property type:
Sale Of Business
Style:
Taxes:
$2,025
Possession:
TBD

Description


685 Queen St E St, , Sault Ste Marie, Ontario is a Sale Of Business property in Sault Ste Marie and in the community in the P6A 2A6 postal code


Don't miss the opportunity to own a highly successful and well-loved plant-based restaurant in Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. The restaurant boasts steadily increasing revenue, driven by a strong and loyal customer base, a stellar reputation, and low overhead costs, making it a highly profitable investment. It operates with a well-trained, experienced staff, ensuring seamless day-to-day operations and a smooth transition for new ownership. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. LOW RENT, LONG TERM LEASE..

Extras

.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2025-03 $180,000 $180,000 X11937430

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Sault Ste Marie :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 685 Queen St E St

Based on available 3rd party data

$914

Approximate costs per month

Mortgage
$610 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$168 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ELIXIR REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$779 monthly. In association with: TD Bank
%
  • Principal and Interest
    610 /mo
  • Property Taxes
    $168 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Rena Alessa, Realtor

Similar properties you may like