1 - 389 MAIN STREET N Brampton

1 - 389 MAIN STREET N, Brampton, Ontario

$355,000

  • 3 Baths
  • 2,250 Square Feet

A Gold Mine Portuguese Restaurant Bar & Grill, established in 2017, is strategically located in the heart of Brampton at the intersection of Main Street and Vodden Street. The business is positioned within a high-density residential and commercial district, surrounded by thriving retail activity. With unobstructed frontage on Main Street, the unit benefits from exceptional visibility and consistent high-traffic exposure-an ideal opportunity for investors seeking strong income potential and long-term growth. The property also offers convenient access to major highways and sits directly across from a busy shopping centre featuring Shoppers Drug Mart, GoodLife Fitness, Giant Tiger, and additional national retailers. The premises total 2,250 sq. ft. within a two-storey plaza and include a 640 sq. ft. commercial kitchen, 74 indoor seats, and an outdoor patio accommodating 28 guests. The unit features three washrooms-two spacious customer washrooms and one located in the kitchen. A beautifully crafted oak-wood bar measuring 31' x 2' serves as a focal point of the dining area. The restaurant offers a full dine-in, take-out, and catering menu, is licensed by the LCBO, and can be converted to any cuisine concept, including Indian. Monthly rent is $7,191.00 (inclusive of HST and TMI). The current lease extends until July 31, 2026, with a 5+5 renewal option. Average monthly utilities are approximately $1,500. The unit features 15-foot clear height ceilings with sprinklers and is constructed with durable structural materials. A rear entrance provides convenient access for catering pickups and deliveries. Parking is abundant, with four designated spots at the front of the unit, an additional 40 shared front-lot spaces, and more than 150 additional parking spaces located behind the building. The business is competitively priced at $355,000. The equipment value alone is appraised at $224,150. Inventory is excluded from the sale price and will be calculated separately. (id:23309)

  • Listing ID: W12831504
  • Property Type: Business

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Details

  • Amenities Nearby: Highway, Public Transit
  • Parking Spaces: 194
  • Transaction: For sale
  • Zoning Description: Service Commercial (SC-3285)

Building

  • Appliances: Alarm System, Dishwasher, Freezer, Microwave, Oven, Washer, Wine Fridge
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2250 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1 - 389 MAIN STREET N in Brampton Ontario. It was last modified on March 1st, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Brampton real estate for sale.

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