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Accommodation & Food Services

2041 Pine Street

Burlington, VT, USA
Updated 1 day ago
Established 2003

The beautiful Paradiso Restaurant in downtown Burlington is now available for purchase. This premium 4,200 sq ft space is located in the heart of the city within the charming Village Square shopping mall. In operation since 2003, Paradiso has built an excellent reputation with consistent sales and strong local support. The restaurant is licensed for 160 indoors, with an additional 67 seats on a stunning south-facing patio ideal for people watching. The interior features a full production kitchen with two commercial hoods (10 ft and 20 ft), a bar, and multiple dining rooms well-suited for private events and parties. The lease is very competitive at $11,283 gross rent with 2 + 5 + 5 years remaining. A turnkey opportunity in one of Burlington’s most desirable locations. Please do not go direct or speak to staff or ownership. Downtown Burlington is one of the true gems of Lake Ontario and among the best waterfront destinations in the GTA and Golden Horseshoe. It’s lively year-round and absolutely packed in the summer, drawing locals and tourists for its restaurants, shopping, waterfront, and iconic pier. Property Details: This commercial unit is part of the Village Square, a unique open-air shopping destination known for its beautiful architecture and old-world charm. The space is wheelchair accessible and all on one level, with no basement to manage. The interior includes a large private party room, perfect for events and group functions, adding to the versatility of the space for operators looking to host both casual diners and private gatherings.

License

Licensed Restaurant with Patio

Lease Details

$11,283 gross rent with 2 + 5 + 5 years remaining

Square Footage

4,200 Sq Ft

Restaurant Name

Paradiso

Seating Capacity

Licensed for 160 + 67 Patio

Financials

Asking Price
$299K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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