170 Prince William Way
Innis-Shore / Barrie, ON L9J 0G7
About This Property
Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community.
Property Details
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Features & Amenities
- Air Conditioning
Buying or selling in Barrie?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® S14105296
Listed by REAL ONE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,221
/month · $200,000 mortgage
Amortization
Total Interest
$166,235
Total Cost
$366,235
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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