Shawn Priestman
Sales Representative
350 Davis Drive, Central Newmarket
Price
$199,000
Bedrooms
Not listed
Bathrooms
2 Baths
Size
1304 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
Not listed
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.
Property History
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Mortgage Calculator
Total Monthly Payment
$715 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$159,200
Total Interest Payments
$98,157
Total Payment (Principal + Interest)
$257,357
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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Meet Shawn
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.