#5C 385 John Street, Markham (Aileen-Willowbrook) - Business for Sale
#5C 385 John Street, Markham (Aileen-Willowbrook), Ontario, L3T5W5
This business in Markham is for sale offering roughly 1,800 sq ft of space. It has been on the market 13 days, fresher than the Markham average of 46 days.
Description
Excellent opportunity to take over a fully equipped cake production and central kitchen facility near Bayview Ave. & John St. The unit features a front retail area and office space, with a dedicated production kitchen at the rear. Fully equipped with ovens, walk-in cooler and freezer, worktables, sinks, and more. Shared rear corridor with a truck-level garage door for convenient deliveries and loading. Situated in a very busy plaza next to the anchor tenant, Coffee Time, with ample plaza parking. Convenient access to Hwy 404, Leslie St., Bayview Ave., and surrounding amenities. Ideal for cake and dessert production, food processing, wholesale distribution, and retail operations. Low operating costs make this an excellent opportunity for entrepreneurs and established food businesses looking to establish a production facility. (id:66096)
Property Details
- MLS®
- N14106706
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 1,800 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $4.2/yr
- Listed
- 13 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 13 days on market, against an average age of 46 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 (Aileen-Willowbrook) has been listed for 13 days, which is 33 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3T)
This home lists at $99,000, about 1.0× the local median household income of $95,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $95,000
- Population
- 50,405
- Median age
- 47.2
- Owner / renter
- 76% / 24%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3T)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$99,000
Markham