280 Elson Street, Markham (Middlefield) - Business for Sale
280 Elson Street, Markham (Middlefield), Ontario, L3S3L1
Description
Location! Location! This Is A Great Opportunity To Take Over A Successful Business Of Indian, Pakstani, Sri Lankan, West Indians & Canadians Grocery Store. Good Sales, And Markham Road, Just North Of Steeles. Situated In A High Traffic Plaza With Excellent Visibility And Easy Access, Plenty Of Opportunity To Add New Items To It. Take Out Restaurant Proper Running Business For Last 10 Years. All Inventories & Equipment Included In The Price. The Plaza Offers Plenty Of Free Surface Parking, Making It Convenient For Customers And Encouraging Repeat Visits. With Steady Daily Traffic And A Strong Presence In The Area, This Is A Turnkey Setup For Anyone Looking To Enter Or Expand In The Food Service Business (id:66096)
Property Details
- MLS®
- N13743528
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 61 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 61 days on market, against an average age of 61 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Markham (Middlefield) has been listed for 61 days, right at the city average. A solid opportunity worth looking into.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3S)
This home lists at $488,800, about 4.6× the local median household income of $106,000.
Carrying it typically needs a household income of about $95,480 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $106,000
- Population
- 55,403
- Median age
- 39.6
- Owner / renter
- 83% / 17%
- Avg. household size
- 3.7
Source: Statistics Canada, 2021 Census (FSA L3S)
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$488,800
Markham