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3 - 788 YOUNG STREET, Midland, Ontario, L4R 2E6

MLS® # S9256720
Commercial For Sale In Kenner, Midland, Ontario
$349,000
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
3 - 788 Young Street, Midland, ON
  • Advertising
ACTIVE
3 - 788 YOUNG STREET, Midland, Ontario, L4R 2E6
$349,000

Property Information:

Discover a prime restaurant opportunity in the bustling heart of Midland! This 2,870 sq. ft. fully-renovated space is an ideal setting for your culinary vision. No detail has been overlooked, with over$350,000 invested in creating a modern, inviting atmosphere thats completely turn-key. With dining space for 40-50 guests, your patrons will enjoy a comfortable and stylish environment. The restaurant is equipped with everything you need to get started, including a 10-feet hood, four fryers, a walk-incooler, freezer, salad bar, and brand-new prep stations perfectly suited for any cuisine.The property features four separate men's and women's washrooms, ensuring convenience for your guests,and comes with an LLBO license, allowing you to offer a full range of beverages. Located in ahigh-traffic area, this restaurant also offers excellent parking with 25-30 spaces available for your customers. **** EXTRAS **** The lease terms are highly attractive, with 10 + 5 + 5 yrs remaining, providing stability and peace of mind. The current monthly rent is $3,648.49, inclusive of HST, & covers water and garbage bills. Heat,hydro, and gas are billed separate (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Zoning: Commercial

Courtesy of: HOMELIFE G1 REALTY INC.

REALTOR.ca  

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Market Price Trends

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Location of 3 - 788 YOUNG STREET, Midland, Ontario, L4R 2E6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 3 - 788 YOUNG STREET , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.5℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 3 - 788 YOUNG STREET , experiences 11 significant 2-day storms per year, with about 304.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 378.8mm of precipitation per year.

Precipitation Per Storm

Past
304.4mm
2050
378.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3 - 788 YOUNG STREET, Midland, Ontario, L4R 2E6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,124.01

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.07 %

High school certificate or equivalent

29.18 %

Apprenticeship trade certificate/diploma

8.39 %

College/non-university certificate

30.32 %

University certificate (below bachelor)

0.23 %

University Degree

12.81 %

Commuter

Travel To Work

By Car

90.69 %

By Public Transit

0.78 %

By Walking

1.42 %

By Bicycle

1.17 %

By Other Methods

5.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.5 %

Houses

94.5 %

Own Vs. Rent

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