Second - 550 Queen Street W Home For Sale Toronto (Kensington-Chinatown), Ontario M5V 2B5
C9507030
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$35 / ft2
Situated in the heart of Toronto's bustling Queen West neighbourhood, renowned for its vibrant arts and culture scene, shops, and hyped nightlife, 550 Queen St West offers a prime hospitality/retail opportunity. The versatile second-floor space offers 2,685 sq ft (approx) of customizable area with ample room for a bespoke restaurant, bar, retail or service-based business layout; includes areas for storage, office, staff room and dedicated customer restrooms. A dedicated street entrance with a flight of stairs leads to an exclusive second-floor presence. Large front-facing windows enhance visibility of the well-maintained premises. Currently fit out as a bar/lounge with booth seating, 2 bars, a dance floor, 4 washrooms, and a transferable liquor license. This second-floor space is easily adaptable for tenant-specific requirements and branding. Ideally positioned to capture the area's high pedestrian and vehicular traffic, presenting a unique chance for entrepreneurs or retailers looking to immerse themselves in one of the city's most sought-after districts. The high-density area with a continuous stream of local and tourist foot traffic, especially during evenings and weekends, makes this location ideal for a destination restaurant/bar or boutique retail. Located among restaurants, bars, independent retailers and anchored by CB2, LCBO, Loblaws, Joe Fresh, Winners. Close to multiple transit options. **** EXTRAS **** Transferable liquor license. Net lease. $19.65 TMI psf. Hydro, gas and water additional. (id:34792)
Property Details
| MLS® Number | C9507030 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
Building
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2685 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 127 Ft |
| Size Frontage | 22 Ft ,6 In |
| Size Irregular | 22.5 X 127 Ft |
| Size Total Text | 22.5 X 127 Ft |
| Zoning Description | Cr 3.0 (c2.0; R2.0) Ss2 (x1385) |
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October 23 2024 07:20:04
Toronto Real Estate Board
Sotheby's International Realty Canada
