727 Davis Drive, Newmarket | Image 1

727 Davis Drive

Newmarket, Huron Heights-Leslie Valley

  • Commercial

$159,900
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial (Rest

  • Age: 31-50 years

  • Taxes: 8

  • MLS®#: N8081276

  • Days on Site: 51 Days

  • Added: Feb 20, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLDWELL BANKER THE REAL ESTATE CENTRE

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.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 31-50

  • Area: Newmarket

  • Community: Huron Heights-Leslie Valley

  • Availability Date: Short/Flexible

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 240

  • Amps: 100

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: N/A

  • Taxes: $8

  • Expenses: Act

  • Taxes Type: T.M.I.

Land

  • Cross Street: Davis Drive/Patterso

  • Municipality District: Newmarket

  • Sewer: San+Storm

  • Lot Depth: 54 Feet

  • Lot Frontage: 19.25 Feet

  • Lot Irregularities: Established Pizza Res

  • Zoning: Commercial (Rest

Commercial Specific

  • Number of Employees: 4

  • Shipping Doors Double Man: 1

  • Rail: N

  • Retail Area: 1225

  • Retail Area Metric: Sq Ft

  • Terms: 36

  • Total Area: 1225

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 36

  • Hours Open: 9Am-11P

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Building Percent: 100

  • Seats: 25

  • Soil Test: N

  • Business/Building Name: Palace Pizza & Spaghetti House

  • Financial Statement: Y

  • LLBO: Y

Map of 727 Davis Drive, Newmarket
JK-8

Glen Cedar Public School

Elementary: Public
0.95 km
JK-8

Prince Charles Public School

Elementary: Public
0.72 km
JK-8

Meadowbrook Public School

Elementary: Public
0.78 km
JK-8

Denne Public School

Elementary: Public
1.49 km
JK-8

St Elizabeth Seton Catholic Elementary School

Elementary: Catholic
1.74 km
1-8

Mazo De La Roche Public School

Elementary: Public
0.64 km
9-12

Dr John M Denison Secondary School

Secondary: Public
2.45 km
9-12

Sacred Heart Catholic High School

Secondary: Catholic
0.76 km
9-12

Sir William Mulock Secondary School

Secondary: Public
4.24 km
9-12

Huron Heights Secondary School

Secondary: Public
0.23 km
9-12

Newmarket High School

Secondary: Public
2.02 km
Pre-Grade 9-12

St Maximilian Kolbe High School

Secondary: Catholic
6.63 km
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