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$159,900
Available - For Sale
Listing ID: N8081276
Palace Pizza!! Celebrating 50 Years In Business. This Newmarket Staple Has A Well Established Following Of Loyal Customers. Located On The High Traffic Street of Davis Drive. Close To Multiple High Schools, Hospital, Doctor/Dental Offices, Regional Offices, Highway 404 On Public Transit.
Extras:   Ample Parking With Easy Access Off Davis Drive. Spacious Eat-In Dining Area Suitable For 25 Patrons. Take Out Counter For Pick Up. LLBO Can Be Transferred To New Owner. New Pizza Oven. Small 40 Square Foot Basement.
Price $159,900
Minimum Rental Term: 36
Maximum Rental Term: 36
Taxes: $8
Tax Type: T.M.I.
Occupancy by: Owner
Address: 727 Davis Dr , Newmarket, L3Y 2R2, Ontario
Postal Code: L3Y 2R2
Province/State: Ontario
Legal Description: N/A
Lot Size: 19.25 x 54 (Feet)
Directions/Cross Streets: Davis Drive/Patterson Street
Zoning: Commercial (Rest
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,225
Total Area Code:  Sq Ft
Retail Area: 1225
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 31-50
Business/Building Name: Palace Pizza & Spaghetti House
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 9Am-11P
Employees #: 4
Seats: 25
LLBO: Y
Expenses Actual/Estimated: $Act
# Trailer Parking Spots: 0
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Bay Size Length Feet: 0
Volts: 240
Truck Level Shipping Doors #: 0
  Height Feet: 0
  Width Feet: 0
Double Man Shipping Doors #: 1
Drive-In Level Shipping Doors #: 0
  Height Feet: 0
  Width Feet: 0
Grade Level Shipping Doors #: 0
Height Feet: 0
Width Feet: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER THE REAL ESTATE CENTRE

727 Davis Dr , Newmarket, L3Y 2R2, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Newmarket
Neighbourhood: Huron Heights-Leslie Valley
Style:
Lot Size: 19.25 x 54.00(Feet)
Approximate Age: 31-50
Tax: $8
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
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