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685 Queen St E Street
Sault Ste Marie Algoma P6A 2A6

$180,000 /For Sale
Commercial

Main Photo: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 1: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 2: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 3: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 4: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 5: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 6: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 7: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 8: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 9: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 10: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Photo 11: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X11937430
Bus Major:
Restaurant
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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
2065 sq. ft. Sq Ft
Depth:
103'1½"
Frontage:
26'11⅞"
Water supply:
Municipal
Zoning:
B6S COMMERCIAL
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Included
Type Taxes:
TMI
Taxes:
$2,025 / 2025
Assessment:
$- / -
Sault Ste Marie
Algoma
Major Highway, Recreation/Community Centre
All Chattels
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
09
Employees:
3
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
70
Date Listed:
Jan 23, 2025
Original Price:
Previous Price:
  • Photo 1: 685 Queen St E Street in Algoma: Commercial for sale (Sault Ste Marie)  : MLS®# X11937430
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Listed by ELIXIR REAL ESTATE INC.
Data was last updated March 3, 2025 at 03:15 PM (UTC)
ANDREW JOHN COCKS
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