228 Main Street E, Milton Old Milton
- Type: Commercial
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.
We have found 3 Commercial that closely match the specifications of the property located at 228 Main Street E with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 289,000 and 399,000.
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Property Details
- Cooling: Fully air conditioned
- Heating: Forced air, Natural gas
Exterior & Lot Features
- Water Source: Municipal water
Location & Community
- Directions: MAIN STREET & MARTIN STREET
- Street Dir Suffix: East
Business & Leasing Information
- Business Type: Restaurant
Tax & Legal Information
- Zoning Description: Commercial
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%.
