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$ 129,000
Est. payment /mo
Active
16640 Yonge ST Newmarket, ON L3Y 4Y8
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Summerhill Estates
MLS Listing ID N12067092
Annual Tax Amount $2,024
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Located in the heart of a vibrant and bustling Residential area, this busy plaza serves as ahub for both local residents and visitors alike. With its high foot traffic, the plazaattracts a diverse range of customers throughout the day, offering a perfect location for any business. The plaza is home to a mix of popular retail stores, dining establishments, and service-based businesses, creating a dynamic atmosphere. Key Features: Size: Spacious dining area with seating for up to 15 guests. Fully Equipped Kitchen: State-of-the-art kitchen setup with all necessary appliances, commercial-grade equipment, and ample storage. Well-Established: Turnkey operation with a strong customer base, established reputation, and excellent reviews. High Foot Traffic: Located in a popular plaza with steady traffic, ensuring consistent customer flow throughout the day. residential neighborhoods, schools, and office buildings, the plaza experiences heavy foot traffic, ensuring constant business opportunities.With a variety of amenities such as family-friendly dining options, recreational facilities, and nearby schools, the plaza is popular among families and individuals of all ages. Ample Parking: Plenty of parking spaces available for both customers and staff.Easy access to public transit options, making it convenient for customers and employees who rely on buses or trains. Lease Terms: 3 years plus 5 years on lease term left , Rent $4500, ]. Additional Information: Ideal for any type of cuisine with a flexible setup that can accommodate different styles (casual dining, fast-casual, take-out, ). Fully licensed and compliant with all local regulations. Great opportunity for an owner-operator or investor looking to take over a profitable business. This location offers excellent visibility, easy access to public transport, and is in close proximity to schools, businesses, and residential neighborhoods, making it an ideal spot for both dine-in and take-out services.
Location
Province ON
County York
Community Summerhill Estates
Area York
Interior
Cooling Yes
Listed by LUXE HOME TOWN REALTY INC.