111 Lakeshore RD W new

Mississauga,ON L5H 1E9

$ 249000

- Bed

- Bath

2000 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $124

Subdivision Port Credit

MLS Listing ID W12233499

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

In the heart of Port Credit, this licensed restaurant is now available in one of Mississauga most iconic and walkable neighbourhoods. Located beside the famous Port Credit lighthouse andsteps from the waterfront, this location enjoys a strong mix of local residents, tourists, and high foot traffic. Positioned in a small plaza next to Starbucks with two dedicated parking lots, it offers excellent visibility and accessibility year-round. The restaurant is licensed for 75 seats inside plus an additional 25 on the patio, ideal for maximizing sales during the warmer months. The current lease is $8,500 gross including TMI, with 3 + 5 + 5 + 5 years remaining providing long-term flexibility and stability in a high-demand area. The layout includes a full commercial kitchen with a 14-foot hood, two walk-ins (one fridge and one freezer), and a well-configured front-of-house setup for dine-in service. This space is fully built out and turnkey for a wide variety of food service operations. While currently operating under its own identity, it is open to rebranding into a new concept, cuisine, or franchise.Whether continuing with the existing restaurant or launching a fresh idea, this location offers both infrastructure and unmatched positioning in one of the GTAs most desirable lakeside communities.

Location

Province ON

County Peel

Community Port Credit

Area Peel

Interior

Cooling Yes

Exterior

Community Features Major Highway,Public Transit

Utilities Available Available

Lot Frontage 132.0

Lot Depth 165.0

Others

Security Features No

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