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For saleMLS® W12831504

389 Main Street N 1, Brampton, ON L6X 3P1

Brampton West · L6X 3P1

$310,000

$138 / sq ft

8 months on market

Bathrooms
3
Total area
2,250 sf
0

What's special

  • Yes

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About this property

This exceptional commercial opportunity is situated within a highly desirable plaza on approximately 2.55 acres of land. The established Portuguese bar and grill, founded in 2017, has built a strong reputation and offers excellent potential for conversion to Indian cuisine or other culinary concepts. Strategically positioned in the heart of Brampton at the intersection of Main Street and Vodden Street, the unit benefits from outstanding visibility and exposure. The premium location attracts substantial foot traffic and provides strong long-term growth potential. Surrounded by major highways, residential communities, commercial hubs, industrial zones, and retail corridors, the property is ideally situated to support a thriving restaurant business. The premises consist of 2,250 sq. ft. within a two-story plaza, including a 640 sq. ft. commercial kitchen. The dining area accommodates 74 indoor seats and an outdoor patio with seating for 28 guests. Full dine-in, takeout, and catering services are offered. The unit includes three washrooms: two customer washrooms and one within the kitchen. The LCBO-licensed bar is crafted from oakwood and features a marble countertop measuring 31' x 2', serving as a focal point of the dining area and a strong revenue generator. This renovated corner unit provides excellent loading capabilities and features high clear height, an efficient layout, full sprinkler coverage, freehold ownership, and a detached structure on both sides. Customers benefit from access to both front and rear parking areas. Zoned Service Commercial SC 3285, the property offers flexibility for commercial use. The plaza provides grass cutting, watering, and snow removal. As a freehold unit, there are no condominium fees. The rear entrance allows convenient catering pickups and deliveries. Parking includes four designated front spaces, 40 shared spaces, over 150 additional spaces behind the building, and three reserved spaces.

Property details

Property

Property type
business
Bathrooms
3
Interior size
2,250 sq ft
Zoning
Service Commercial (SC-3285)
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$310,000
Price per sq ft
$138

Listing

MLS® number
W12831504
Status
For sale
Listed
March 1, 2026
Days on market
248
Last updated
November 2, 2026
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 71% of comparable business for sale listings in Brampton are asking less.

$98KMedian $240K$549K
This home
$138 / sq ft
Comparable median
$164 / sq ft

Based on 80 comparable active business for sale listings in Brampton. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $15,500
$15,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,628.34
Estimated monthly
$1,628

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$3,125
Total due on closing
$3,125

An estimate on the asking price of $310,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$310,000

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