18
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$249,000
Est. payment /mo
2,000 SqFt
New
111 Lakeshore RD W Mississauga, ON L5H 1E9
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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
Listed by ROYAL LEPAGE SIGNATURE REALTY