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389 Main Street N
Brampton West Brampton L6X 3P1

$355,000 /For Sale
Commercial

Main Photo: 389 Main Street N in Brampton: Brampton West Commercial for sale : MLS®# W12831504
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12831504
Bus Major:
Restaurant
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 $214,150. Inventory is excluded from the sale price and will be calculated separately.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
2250 sq. ft. Square Feet
Total Area:
2,250 sq. ft.
Retail Area:
30 sq. ft. %
Industrial Area:
70 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
Service Commercial (SC-3285)
Heating type:
Gas Forced Air Open
Clear Height:
15'
Garage:
None
Parking Spaces:
194
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / 2025
Peel
Brampton
Brampton West
Major Highway, Public Transit
Yes
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 . Hot water tank - Owned
Small grill machine, Fish tank, Antique entrance table, All DJ equipment, Outdoor patio, monitor, Office printer.
None
Utilities:
Available
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
Monday to Thursday 10 Am -8 Pm Friday to Sunday 10 Am - 10 Pm
Employees:
3
Chattels:
Yes
LLBO:
Yes
Seats:
102
Date Listed:
Mar 01, 2026
Original Price:
Previous Price:
  • Photo 1: 389 Main Street N in Brampton: Brampton West Commercial for sale : MLS®# W12831504
    Photo 1 of 1
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated March 2, 2026 at 03:15 PM (UTC)
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