388 Richmond St

About this Property

Downtown Toronto licensed restaurant on Richmond Street available for rebranding into a different concept, cuisine, or franchise. Currently operating as a French fusion restaurant,this established location offers excellent sales in a compact and efficient space, making it ideal for an owner-operator or a brand looking for a strong downtown presence. The 976 Sq Ft Commercial unit features a modern layout on the sunny north side of the street and is licensed for 30 guests. The space is designed for efficient service and comfortable dining while remaining easy to manage. The kitchen is fully equipped with an 8-Ft commercial hood and onewalk-in fridge to support a variety of cuisines and restaurant styles. Lease rate of $5,221 Gross Rent including TMI with 2 + 5 + 5 years remaining, offering strong value for a downtown Toronto location. This restaurant is open for conversion into many different concepts while benefiting from its existing infrastructure and established customer base. Please do not go direct or speak to staff or ownership.

Listing Details

MLS #

C13810440

Board

PROPTX

Market

ontario

Property Type

Sale Of Business

Style

Without Property

Garage

None

Basement

N

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

70.1 × 176 ft

Listed By

ROYAL LEPAGE SIGNATURE REALTY

Listed On

September 21, 2026