550 Queen St W
Toronto, M5V2B5
Per Sq Ft
$35.00
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Retail
CATEGORY2,685 Sq Ft
TOTAL AREAC9507030
MLSIDContact Us
Property Description
Situated in the heart of Toronto's bustling Queen West neighbourhood, renowned for its vibrant arts and culture scene, shops, and hyped nightlife, 550 Queen St West offers a prime hospitality/retail opportunity. The versatile second-floor space offers 2,685 sq ft (approx) of customizable area with ample room for a bespoke restaurant, bar, retail or service-based business layout; includes areas for storage, office, staff room and dedicated customer restrooms. A dedicated street entrance with a flight of stairs leads to an exclusive second-floor presence. Large front-facing windows enhance visibility of the well-maintained premises. Currently fit out as a bar/lounge with booth seating, 2 bars, a dance floor, 4 washrooms, and a transferable liquor license. This second-floor space is easily adaptable for tenant-specific requirements and branding. Ideally positioned to capture the area's high pedestrian and vehicular traffic, presenting a unique chance for entrepreneurs or retailers looking to immerse themselves in one of the city's most sought-after districts. The high-density area with a continuous stream of local and tourist foot traffic, especially during evenings and weekends, makes this location ideal for a destination restaurant/bar or boutique retail. Located among restaurants, bars, independent retailers and anchored by CB2, LCBO, Loblaws, Joe Fresh, Winners. Close to multiple transit options. **EXTRAS** Transferable liquor license. Net lease. $19.65 TMI psf. Hydro, gas and water additional.
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Property Details
Category
Retail
Zoning
Cr 3.0 (C2.0;R2.0) Ss2 (X1385)
Total Area
2,685 Sq Ft
Office/Apartment Area
12.0
Retail Area
88.0
Lot Size
22' x 127'
Taxes
$20 (2024)
Washrooms
4
Air Conditioning
Yes
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Listing contracted with Sotheby's International Realty Canada
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