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388 Richmond St, Toronto, Ontario, M5V 1X6

$189K
Beds -Baths 2Sqft 976Parking 0
388 Richmond St Photo 1

Description

Downtown Toronto licensed restaurant on Richmond Street available for rebranding into a different concept, cuisine, or franchise. Currently operating as a French fusion restaurant,this established location offers excellent sales in a compact and efficient space, making it ideal for an owner-operator or a brand looking for a strong downtown presence. The 976 Sq Ft Commercial unit features a modern layout on the sunny north side of the street and is licensed for 30 guests. The space is designed for efficient service and comfortable dining while remaining easy to manage. The kitchen is fully equipped with an 8-Ft commercial hood and onewalk-in fridge to support a variety of cuisines and restaurant styles. Lease rate of $5,221 Gross Rent including TMI with 2 + 5 + 5 years remaining, offering strong value for a downtown Toronto location. This restaurant is open for conversion into many different concepts while benefiting from its existing infrastructure and established customer base. Please do not go direct or speak to staff or ownership.

Home Details

List Date

2026-09-21

Style

Without Property

Type

Sale Of Business

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

-

Bathrooms

2

Heating

Gas Forced Air Closd

Cooling

-

Parking

0 Spaces

Appliances & Equipment

Inclusions

None specified.

Exterior

Construction

-

Water & Sewer

Municipal

Lot Size

70.1 x 176 Feet

Garage

None

Taxes

- (2025)

Listing Brokerage

Brokerage Name

ROYAL LEPAGE SIGNATURE REALTY

RealtHer Group

RealtHer Group

Real Estate Brokers

RE/MAX Metropolis

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