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$158,800
$199,000For salePrice drop↓ $40,200 (20%)

6294 Main Street, Whitchurch-Stouffville (Stouffville) - Business for Sale

6294 Main Street, Whitchurch-Stouffville (Stouffville), Ontario, L4A1G8

3 baths1,500 ft²Listed 28 days ago
Overview

This business in Whitchurch-Stouffville is for sale offering roughly 1,500 sq ft of space. It has been on the market 28 days, fresher than the Whitchurch-Stouffville average of 50 days.

Description

Rarely Offered Restaurant Opportunity In The Heart Of Downtown Stouffville! Located Along Main Street, The Historic And Vibrant Commercial Hub Of Whitchurch-Stouffville, Surrounded By Restaurants, Cafés, Retail And Local Services With Excellent Traffic And Strong Community Exposure. Currently The Only Authentic Chinese Restaurant In The Area. Recently Renovated And Fully Equipped With An 11-Ft Commercial Exhaust Hood, Complete Commercial Kitchen Equipment And Approximately 30 Seats. Extremely Low Operating Costs And A Stable, Profitable Business With Strong Potential. Rear Storage Area Plus Two Rooms Suitable For On-Site Living, And 2 Dedicated Parking Spaces. Ideal For Family Operation. Great Opportunity For An Owner-Operator Or Investor, With Potential To Convert To Other Restaurant Concepts. Don't Miss This Rare Opportunity In One Of Stouffville's Fast-Growing Areas! (id:66096)

Property Details

MLS®
N13869444
Property Type
Business
Business Type
Restaurant
Zoning
Restaurant
Bathrooms
3
Interior Size
1,500 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$2,000/yr
Listed
28 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
28d
Whitchurch-Stouffville (Stouffville) listings, avg age
50d
Price / ft²
$106
List price
$159K

Extended: 28 days on market, against an average age of 50 days across the listings currently for sale in this city

Haho

This business in Whitchurch-Stouffville (Stouffville) has been listed for 28 days, which is 22 days fresher than the city average of 50. Act while there is still low competition.

Listed by BAY STREET GROUP INC. · DANIEL DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4A)

This home lists at $158,800, about 1.3× the local median household income of $122,000.

Carrying it typically needs a household income of about $31,019 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$122,000
Population
50,389
Median age
41.6
Owner / renter
88% / 12%
Avg. household size
3

Source: Statistics Canada, 2021 Census (FSA L4A)

$158,800· $106/ft²
For sale

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Financing

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$158,800

Whitchurch-Stouffville

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