#26 1111 Davis Drive, Newmarket (Newmarket Industrial Park) - Business for Sale
#26 1111 Davis Drive, Newmarket (Newmarket Industrial Park), Ontario, L3Y8X2
This business in Newmarket is for sale offering roughly 1,472 sq ft of space. It has been on the market 55 days, fresher than the Newmarket average of 75 days.
Description
Turnkey Restaurant With Seating For Up To 32 Guests, Available Fully Equipped And Ready For Immediate Operation. Currently Set Up As A Greek Concept, This Asset Sale Includes Key Features Such As An 8-Foot Commercial Exhaust Hood And Walk-In Cooler. Well Suited For Owner-Operators Or Family-Run Ventures. Situated In A High-Traffic, Grocery-Anchored Plaza At The Busy Intersection Of Leslie Street And Davis Drive, The Location Is Surrounded By Major Retailers Including Walmart, Metro, Shoppers Drug Mart, Goodlife Fitness, Dollarama And BMO. This Prime Retail Corridor Offers Enormous Amount Of Customers Daily, Walk-Ins, Drive By's And Huge Exposure For Your Business. A Strong Opportunity To Take Over A Well-Established Setup In A Highly Desirable Commercial Area. (id:66096)
Property Details
- MLS®
- N13763984
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Bathrooms
- 3
- Interior Size
- 1,472 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $17.47/yr
- Listed
- 55 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 55 days on market, against an average age of 75 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 31 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Newmarket (Newmarket Industrial Park) has been listed for 55 days, which is 20 days fresher than the city average of 75. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3Y)
This home lists at $109,999, about 1.2× the local median household income of $93,000.
Carrying it typically needs a household income of about $21,487 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 43,556
- Median age
- 45.6
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3Y)
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$109,999
Newmarket