3 Bathroom
2,250 ft2
Fully Air Conditioned
Forced Air
$355,000
A Gold Mine Portuguese Restaurant Bar & Grill, established in 2017, is strategically located in the heart of Brampton at the intersection of Main Street and Vodden Street. The business is positioned within a high-density residential and commercial district, surrounded by thriving retail activity. With unobstructed frontage on Main Street, the unit benefits from exceptional visibility and consistent high-traffic exposure-an ideal opportunity for investors seeking strong income potential and long-term growth. The property also offers convenient access to major highways and sits directly across from a busy shopping centre featuring Shoppers Drug Mart, GoodLife Fitness, Giant Tiger, and additional national retailers. The premises total 2,250 sq. ft. within a two-storey plaza and include a 640 sq. ft. commercial kitchen, 74 indoor seats, and an outdoor patio accommodating 28 guests. The unit features three washrooms-two spacious customer washrooms and one located in the kitchen. A beautifully crafted oak-wood bar measuring 31' x 2' serves as a focal point of the dining area. The restaurant offers a full dine-in, take-out, and catering menu, is licensed by the LCBO, and can be converted to any cuisine concept, including Indian. Monthly rent is $7,191.00 (inclusive of HST and TMI). The current lease extends until July 31, 2026, with a 5+5 renewal option. Average monthly utilities are approximately $1,500. The unit features 15-foot clear height ceilings with sprinklers and is constructed with durable structural materials. A rear entrance provides convenient access for catering pickups and deliveries. Parking is abundant, with four designated spots at the front of the unit, an additional 40 shared front-lot spaces, and more than 150 additional parking spaces located behind the building. The business is competitively priced at $355,000. The equipment value alone is appraised at $214,150. Inventory is excluded from the sale price and will be calculated separately. (id:50976)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Restaurant/pub |
Property Details
|
MLS® Number
|
W12831504 |
|
Property Type
|
Business |
|
Community Name
|
Brampton West |
|
Amenities Near By
|
Highway, Public Transit |
|
Parking Space Total
|
194 |
Building
|
Bathroom Total
|
3 |
|
Appliances
|
Alarm System, Dishwasher, Freezer, Water Heater, Microwave, Oven, Washer, Wine Fridge |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,250 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Public Transit |
|
Zoning Description
|
Service Commercial (sc-3285) |
https://www.realtor.ca/real-estate/29412143/389-main-street-n-brampton-brampton-west-brampton-west
