Vaughan, ON L4L5X9 200 Marycroft Avenue W # 13

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Presented By: RIGHT AT HOME REALTY
  • MLS# N9768476
  • 10/30/2024
  • Request Tour
  • Request Info
  • SQFT • 1,500

Home Details

Discover the dynamic "Lamasu Lounge and Grill," a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today! **EXTRAS** All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more.
Presented By: RIGHT AT HOME REALTY

Interior Features for 200 Marycroft Avenue W # 13

Bedrooms

Bedrooms

Other Interior Features

SeatingCapacity28
Air Conditioning Y/NNo
Basement (Y/N)No
Elevator?No
Fireplace Y/NNo
Heating Y/NNo

General for 200 Marycroft Avenue W # 13

Attached Garage No
Building Area UnitsSquare Feet
Business TypeRestaurant
CityVaughan
CoolingYes
CountyYork
Electric On Property Y/NNo
Garage Y/NNo
Heater TypeGas Forced Air Closed
Lot Depth0.0
Lot Size UnitsFeet
ModificationTimestamp2025-03-30T23:06:02Z
New ConstructionNo
Occupancy TypeOwner
Property Attached Y/NNo
Property SubtypeSale Of Business
Property TypeCommercial
Senior Community Y/NNo
Standard StatusActive
StatusExtension
Tax Annual Amount6793.91
Tax Year2023
Unit Number13
Waterfront Y/NNo

Exterior for 200 Marycroft Avenue W # 13

Building Area Total1500.0
Garage TypeNone
SpaNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $250,000
MLS#N9768476
List Date 10/30/2024
Property Type Commercial
Phone 289.816.2923
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Request Info
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