Prestige Restaurant & Banquet Hall is a spacious 6,118 Sq Ft venue located in Mississauga near the Brampton border and close to the airport. This fully licensed establishment accommodates up to 262 guests, making it ideal for parties, events, and catering. The layout is well designed to maximize guest comfort and operational efficiency. The restaurant features a large commercial kitchen equipped with multiple hood systems totaling 31 ft, including a 7-ft charcoal range, and two walk-ins (1 + 1). Fantastic lease rate of $12,389 Gross per month including TMI and 2 + 5 + 5 years remaining, the property offers excellent value. Parking is available for over 100 vehicles, supporting high-capacity events. Currently operating as a popular restaurant concept with strong sales, this venue is also available for rebranding into a new concept if desired. The space is enhanced with a top-of-the-line sound system, professional lighting, and other premium features. Potential for Vendor Take Back (VTB) financing pending approval and conditions. Please do not go direct or speak to staff or ownership.
Address
Unit2 - 5835 Dixie Road
List Price
$1,099,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Mississauga
Sub-Area
Northeast
Region
Peel
Lot Depth
500.82
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
334.19
Total Building Area
6118
Occupant Type
Tenant
Cross Street
Dixie and 401
MLS® Number
W12709102
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement
No
Postal Code
L4W 4V7
Posession Details
TBD
Parking Spaces
100
Tax Year
2025
Site Influences
Major Highway, Recreation/Community Centre
Community Features
Major Highway, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Plaza
Tax Legal Description
PT BLK 8 PL 43M596, DES. PTS 3, 7, 9, 10, 12, 13, 14 PL 43R19672, MISSISSAUGA T/W EASEMENT OVER PT BLK 8 PL 43M596, DES. PT 11 PL 43R19672 IN FAVOUR OF PT BLK 8 PL 43M596, DES. PTS 3, 7, 9, 10, 12, 13, 14 PL 43R19672 AS IN 2093410. (S/T TT74437, TT91081, TT120053, TT144298, VS248789, LT567952, LT813336, LT813337, LT968764, LT1729147, LT1731899, LT1927987, LT2056739, LT2057426) S/T EASEMENT IN FAVOUR OF PT BLK 7 AND 8 PL 43M596, AND PT LT 5 CON 4 EHS, DES. PTS 1, 2, 4, AND 11, 43R19672...cont.
Security Features
No
Sewer
Sanitary+Storm
Business Name
Prestige Restaurant
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