389 Main Street N 1, Brampton, ON L6X 3P1
$355,000
$355,000

389 Main Street N 1

Brampton West, Brampton, Peel $355,000

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3 Baths
Parking for 194
Zoning: Service Commercial (SC-3285)
MLS®#:
W12831504
Property Type:
Sale Of Business
Property Style:
Area:
Peel
Community:
Brampton West
Taxes:
$0 / 2025
Added:
March 01 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
HOMELIFE/MIRACLE REALTY LTD
Intersection:
Main St // Vodden St
Rooms:
Bedrooms:
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

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.

Large hood (18 ft x 4 ft), Small hood (4 ft x 5 ft), Grill+ stove,2 fryers (1 large and 1 small) Grill Chicken Machine, 2 Convection Oven, Warmer, Pop Fridge, Dish Washer, Stainless Steel Counter & Cupboards, 4 Shelving, 1 Over the stove Grill, Walk-in cooler, Pots, pans, trays, and utensils, Microwave, Storage Truck, 2 Freezers, Triple Sink (Compartment sink), Sprinkler System, Wooden Bar counter 31 FT x 2 FT (Oak), 5 Door Beer cooler, Wine cooler, Hot Table, Dishwasher at Bar, Alarm System, Camera & Monitoring System, 12 tables & 46 Chairs, 4 bar tables & 12 high bar stool, Televisions, Fireplace, Dessert Table, Patio tables & chairs 2 Outdoor BBQs on patio, Plates/bowls - Cutlery for 75 people, Telephone 2 wireless + Head piece, All Wall Clocks Decorative Table (Included by fireplace).Television2 Speakers in box ,Large office Sofa, Desk Cabinet . Water, Garbage pins, oil tank Removal ,2 Tank less Hot water - Owned and fully paid off.

Insights

  1. Strong Income Potential: The property is home to a well-established restaurant with a solid customer base, offering a full dine-in, take-out, and catering menu. Its strategic location in a high-density area ensures consistent foot traffic, making it an attractive investment for generating revenue.
  2. Prime Location: Situated at the intersection of Main Street and Vodden Street, the property benefits from exceptional visibility and accessibility. It is directly across from a busy shopping center, enhancing exposure to potential customers and increasing the likelihood of sustained business growth.
  3. Versatile Business Opportunity: The restaurant is licensed by the LCBO and can be converted to any cuisine concept, providing flexibility for future owners. The well-equipped commercial kitchen and spacious dining area allow for various culinary ventures, catering to diverse market demands.

Neighborhood Overview

Complete neighborhood profile for 389 Main Street N 1

Brampton West home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Brampton West
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)