Milano Pizzeria! An exceptional commercial opportunity awaits in the heart of the growing North Gower community, located within the landmark property that once housed the beloved Marlborough Pub & Eatery. This prime location has quickly re-established itself as a local hotspot and is currently operating as the increasingly popular Milano Pizzeria, widely regarded as a town "craze" for its delicious menu and flexible takeout and small sit-in dining options. The real value of this opportunity lies in its exceptional potential for expansion, as the spacious premises include substantial additional usable space ideal for launching a second, fully independent business to meet strong local demand-particularly for Greek or Indian cuisine. A savvy operator can achieve significant efficiency by utilizing the existing, fully equipped commercial kitchen to support a second concept simultaneously. The buyer is completely free to operate under any business name of their choice. Future growth prospects are extremely promising, supported by a proposed 700,000 sq. ft. warehouse development nearby that is expected to generate a major and permanent increase in daily traffic and customer volume. This turnkey investment is further enhanced by attractive, simplified lease terms that include property taxes, Building insurance, septic maintenance, and common-area hydro in the rent, along with the security of an available renewable long-term lease option. Some photos have been virtually staged. (id:28469)
Business
Business Type
Restaurant
Business Sub Type
Restaurant/pub
Facts & features
Property
MLS® Number
X13709260
Property Type
Business
Community Name
8009 - North Gower
Amenities Near By
Highway, Public Transit
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Bathroom Total
1
Appliances
Furniture
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Land
Acreage
No
Land Amenities
Highway, Public Transit
Sewer
Septic System
Size Frontage
141 Ft
Size Irregular
Unit=141 Ft
Size Total Text
Unit=141 Ft
Zoning Description
Commercial
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$443/mo
Ontario land transfer tax
$725 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $725 back on land transfer tax.