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$355,000
Available - For Sale
Listing ID: W12831504
389 Main Street North , Brampton, L6X 3P1, Peel
Listing image


This exceptional commercial opportunity is situated within a highly desirable plaza on approximately 2.55 acres of land. The established Portuguese bar and grill, founded in 2017, has built a strong reputation and offers excellent potential for conversion to Indian cuisine or other culinary concepts. Strategically positioned in the heart of Brampton at the intersection of Main Street and Vodden Street, the unit benefits from outstanding visibility and exposure. The premium location attracts substantial foot traffic and provides strong long-term growth potential. Surrounded by major highways, residential communities, commercial hubs, industrial zones, and retail corridors, the property is ideally situated to support a thriving restaurant business. The premises consist of 2,250 sq. ft. within a two-story plaza, including a 640 sq. ft. commercial kitchen. The dining area accommodates 74 indoor seats and an outdoor patio with seating for 28 guests. Full dine-in, takeout, and catering services are offered. The unit includes three washrooms: two customer washrooms and one within the kitchen. The LCBO-licensed bar is crafted from oakwood and features a marble countertop measuring 31' x 2', serving as a focal point of the dining area and a strong revenue generator. This renovated corner unit provides excellent loading capabilities and features high clear height, an efficient layout, full sprinkler coverage, freehold ownership, and a detached structure on both sides. Customers benefit from access to both front and rear parking areas. Zoned Service Commercial SC 3285, the property offers flexibility for commercial use. The plaza provides grass cutting, watering, and snow removal. As a freehold unit, there are no condominium fees. The rear entrance allows convenient catering pickups and deliveries. Parking includes four designated front spaces, 40 shared spaces, over 150 additional spaces behind the building, and three reserved spaces.
Price $355,000
Taxes: $0.00
Tax Type: N/A
Assessment Year: 2025
Occupancy: Tenant
Address: 389 Main Street North , Brampton, L6X 3P1, Peel
Postal Code: L6X 3P1
Province/State: Peel
Legal Description: PCL 8-8, SEC 43-CHING 1(W.H.S.) ; PT LTS
Directions/Cross Streets: Main St // Vodden St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 2250.00
Total Area Code:  Square Feet
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: Monday
Employees #: 3
Seats: 102
Sprinklers: Yes
Washrooms: 3
Clear Height Feet: 15
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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HOMELIFE/MIRACLE REALTY LTD
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Sale Of Business
Area: Peel
Municipality: Brampton
Neighbourhood: Brampton West
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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