For Sale

228 Main Street, Milton (Old Milton), Ontario L9T1N8

$325,000

228 Main Street, Milton (Old Milton), Ontario L9T1N8 is For Sale and has a listing price of 325,000. The property is located in the neighbourhood. It's been on the website for 126 Days.

  • Business
    Property Type
  • MLS ID: W9418437
  • Office Name CENTURY 21 PEOPLE'S CHOICE REALTY INC.,CENTURY 21
Property Description

Fully Equipped And Well-Maintained Restaurant Located In The Prime Area Of Milton, One Of The Most Iconic Neighborhoods In Milton. This Location Boasts Incredibly High Foot Traffic. Nearby Schools and lots of Offices and Municipality. The restaurant boasts a modern, elegant interior creating a warm and inviting atmosphere for dine-in customers. With a steady stream of regular customers, strong takeout and delivery demand, and excellent visibility from the street, this restaurant is ideally positioned for continued success. Monthly Sales: Approx. $52,000. Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $7415/m including TMI & HST, Lease: 5 + 5 years plus option to renew, Utility: Approx. $800-1000/m, Royalty and Advertising: 7.5%. **EXTRAS** All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence. (id:43137)

Property Details
  • MLS ID: W9418437
  • Price: $325,000
  • Transaction Types: For Sale
  • Ref ID: 27561295
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/19/2024 W9418437 $375,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Milton (Old Milton)
  • $950,642 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -23.3%
  • 3 Month Change +12.1%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    48.75%
  • Commercial
    20%
  • Condo
    31.25%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 19/10/2024 00:00:00
  • Zoning Commercial Retail
  • Agent Name: NIK PANDYA,NISH SHAH
  • Last Updated: 15/02/2025 15:06:02
Open House Dates
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