40 KING STREET W

Toronto  ON  M5H 3Y2
MLS®C13820174
  • $150,000
  • For Sale
40 KING STREET W
Toronto  ON  M5H 3Y2
MLS®C13820174
$150,000
For Sale

Description

GREAT OPPORTUNITY TO OWN one of Canada's Leading National Health Food Chain "Nutrition House" IN SCOTIA PLAZA AT YONGE AND KING ST W, Downtown Toronto. Includes an NH Direct ecommerce website, Area: 1137square feet. Royalties: 5% of Sales, Good Income. Gross Monthly Rent: $6,500 plus utilities plus 14% of sales in excess of $557,000 in year 1,Located in a thriving Business Community in the Heart of Toronto at the base of 3 integrated buildings and 2,000,000 square feet of combined office space Office tenants include Scotiabank, Pacific Life Insurance, and Northleaf Capital Partners, Part of the busy underground P.A.T.H. system that accommodated over 200,000 daily commuters. Great co-tenants including Oxygen Yoga Fitness, Winners, L'Attitudes, Aroma, Ninki Sushi, Thai Express, and Tim Hortons, Busy King Subway Station on-site.Term - 5 years plus an option for 5 years, Price Includes a newly renovated store. AVAILABILITY : JANUARY 2027 (id:27)

Features

  • Floor Space (approx): 1137 Square Feet
  • Zoning: Commercial
  • Features: Elevator
  • Parking Type: Underground
  • Property Type: Business
  • Style: Business
  • Cooling Type: Fully air conditioned
  • Heating Fuel: Natural gas
  • Heating Type: Forced air
  • Neighbourhood Bay Street Corridor
  • Zoning Type Commercial
  • Floor Space 1137 FEETSQ
  • Water Municipal water