For Sale

685 Queen St E Street, Sault Ste Marie, Ontario P6A2A6

$180,000

685 Queen St E Street, Sault Ste Marie, Ontario P6A2A6 is For Sale and has a listing price of 180,000. The property is located in the Sault Ste. Marie neighbourhood. It's been on the website for 14 Days.

  • Business
    Property Type
  • MLS ID: X11937430
  • Office Name ELIXIR REAL ESTATE INC.,ELIXIR REAL ESTATE INC.
Property Description

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. (id:43137)

Property Details
  • MLS ID: X11937430
  • Price: $180,000
  • Transaction Types: For Sale
  • Ref ID: 27834728
  • 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
01/23/2025 X11937430 $180,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Sault Ste. Marie
  • $404,706 Average List Price
    based on 1 year
  • 122 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.12 % Up
  • Sold (12mo) 5
  • Rented (12mo) 0

  • 1 Month Change +2.9%
  • 3 Month Change +17.7%
  • 6 Month Change +29.0%
Walkscore
Property Type Distribution
  • All Houses
    73.13%
  • Commercial
    15.95%
  • Condo
    7.39%
  • Land for Sale
    3.53%
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: 23/01/2025 00:00:00
  • Zoning K1z 6m9
  • Agent Name: RAVI SINGH GODARA,RAMANDEEP KAUR BHULLAR
  • Last Updated: 24/01/2025 02:32:47
Open House Dates
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