356 PRESTON STREET

$999,000

Business
$999,000

Set in the charming and growing neighborhood of Little Italy, La Favorita invites you to own this renowned rustic restaurant. Fully equipped with top-of-the-line appliances, a wood oven fireplace, and seating for up to 140 guests, this fully operational business has been a community staple for over 30 years. Boasting patio and liquor licenses, La Favorita is strategically located between residential and commercial areas, making it a thriving establishment in a prime location serving a high-end Italian menu. The restaurant features multiple seating areas, including an upstairs level for 30, a main dining room for 60, a front room for 40, and an outdoor patio for warmer months, plus catering and takeout. With nearly 1200 Google reviews, this fine dining restaurant speaks for itself. Contact us to learn more to make it yours. The restaurant owner is retiring. Lease terms are easily negotiable. Please note that showings are preferred before the business opens. (id:13118)

Essential Information

Listing #
X9522964
Price:
$999,000 
Year Built:
-
Total Bedrooms:
-
Total Bathrooms:
-
Half Baths:
-
Property Type:
Business
Basement:
-
Transaction:
For sale

Property Specifications

Parking Spaces:
-
Maintenance Fees:
 
Heating:
-
Cooling:
-
Fireplace Type:
-

Listing Details

Last Updated:
2024, 19 Dec 
Listing Office:
ROYAL LEPAGE TEAM REALTY
Virtual Tour:
Click Here 

See what's nearby:

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.