$159,000 FOR SALE

Business for Sale

Restaurant

Total Area: 6,550 ft2
2024 Taxes: $15.65

125 Commerce Valley Dr W #50-51
Markham, ON L3T 7W4 | Commerce Valley | York

The versatile space is currently fully equipped with a kitchen, two hoods, a walk-in cooler, a walk-in freezer, and buffet stations, and includes all necessary health, safety, and zoning approvals, as well as a liquor license for 150 seats. Seize this exceptional opportunity to acquire a fully permitted, ready-to-build restaurant space in a prime location just off Highway 407, conveniently close to Adrak Indian Restaurant, Moxies, Scaddabush, and the vibrant dining scene at Hwy 7/Leslie. The city permits a seating capacity of 150, with the additional potential for an outdoor patio. This property is primed for immediate operation and offers an existing 10-year lease at a discounted rate, current rate is $11,185.00 + HST for 6,550 sq ft, which can be transferred. Turnkey concept for bar and grill is included with price.

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Listed By BLUETICK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N9239433
Last Updated Oct 02, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Vacant
Possession Date Immediate
Taxes (2024) $15.65
Tax Type T.M.I.
Directions/Cross Streets HWY 7 And Leslie St
Neighbourhood Commerce Valley
Area York
Price History
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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Retail Area 100 percent
Total Area 6,550 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open TBD
LLBO Y
Heat Type Other
Financial Statement N
Area Influences Major Highway, Public Transit
Seats 150
Sprinklers Y
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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