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$ 129,000
Est. payment /mo
Price Dropped by $45K
350 Davis DR #7 Newmarket, ON L3Y 2N7
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Central Newmarket
MLS Listing ID N12757460
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Turnkey quick service restaurant opportunity in the heart of downtown Newmarket, ideally located on the very busy Davis Drive. This 1,304 sq ft restaurant offers seating for 30 and benefits from strong visibility and consistent traffic in a proven food corridor. The business is currently operating as the popular Malata Kebab & Shawarma and can be purchased with training in place, or easily converted into a different concept, cuisine, or franchise. The space features an impressive 20-ft commercial hood, a walk-in fridge, and a substantial amount of equipment, making it well suited for virtually any style of cooking. An outstanding lease is in place at just $4,557 gross rent including TMI, with 3 + 5 years remaining, offering exceptional value in downtown Newmarket. The property also includes parking for approximately 25 cars and ample signage opportunities. Please do not go direct or speak with staff or ownership.
Location
Province ON
County York
Area York
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 179.34
Lot Depth 115.83
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY
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