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Est. payment /mo
1,600 SqFt
Active
16700 Bayview AVE #26 Newmarket, ON L3X 1W1
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Subdivision Stonehaven-Wyndham
MLS Listing ID N13673544
Annual Tax Amount $236,523
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Excellent opportunity to launch your own restaurant brand in a busy plaza with excellent visibility and affordable rent. This is strictly an asset sale and does not include the existing business, franchise, trade name, goodwill or financial history.The approximately 1,600 sq. ft. premises feature a modern restaurant buildout designed for takeout, delivery and dine-in service, with seating for approximately 32 guests. The fully equipped commercial kitchen includes an 8-foot exhaust hood, a 48-inch heavy-duty flat-top grill, two high-efficiency deep fryers, refrigeration equipment, preparation stations and other restaurant chattels. The front area includes dining furniture, a service counter, POS-area fixtures and four digital menu screens. All equipment, fixtures and leasehold improvements are in excellent condition.Gross rent is approximately $5,500 per month, including TMI and property taxes. An ideal turnkey setup for an owner-operator or experienced restaurant professional looking to introduce a new concept without the time and substantial cost of building a restaurant from the ground up.Sale of assets only. The existing business and franchise are not included. Any new restaurant concept, lease assignment and signage are subject to the landlord's approval and all applicable municipal requirements.
Location
State ON
County York
Area York
Zoning Commercial Retail
Interior
Cooling Yes
Inclusions All Fixtures and Equipment
Exterior
Utilities Available Yes
Lot Frontage 641.56
Lot Depth 452.0
Others
Security Features Yes
ParcelsYN No
Listed by CANNAR COMMERCIAL INC.
NEARBY SCHOOL & BUSINESS
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