Gateway Market Convenience Store For Sale - 65 Queen St, Toronto, ON (Thomson Building)

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Gateway Market Convenience Store For Sale - 65 Queen St, Toronto, ON (Thomson Building)

For Lease $ 145,000
LOCATION: Toronto Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

A Timeless Legacy in Toronto’s Financial District

Thomson Building in downtown Toronto’s financial core is a testament to Toronto’s past and present. Located at the southwest corner of Queen St W and Bay St, the Thomson Building stands on the former site of what is regarded as one of the city’s first skyscrapers, the Temple Building, which opened in 1895. Rebuilt in 1970 and officially named after the influential Thomson family, its storied past as a cornerstone of the city’s financial and commercial hub makes it a prestigious address steeped in history and poised for the future.

As one of the 75 buildings connected to Toronto’s downtown underground pedestrian walkway, the PATH, it is right on the pulse of the city. Seize the opportunities of a centralized location with high foot traffic in a building that is a testament to enduring success at 65 Queen Street West.

Size: 139 sq. ft.

Type: Office Building

Term: 5 Years with 5 Year Option

Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions

Franchise Fee: $30K+HST

Monthly Rent: $1,080.26/mo +HST, including TMI, excluding Utilities

$100,000 - 145,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories