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28 S Unionville Av
Markham, ON L3R 4P9
South Unionville Square · Retail Property For Sale
·
769 SF
Investment Highlights
- T&T Supermarket nearby
- Major Traffic Nearby
- Condo Nearby
Executive Summary
HVAC (Heat Pump) System Air Makeup System Fire Protection System The Plumbing meet OBC required Wells 48" Ventless Hood Grease Interceptor Hot Water Tank Entrance Air Curtain CCTV System Ceiling Mount Speakers Audio System1 x Handicap Washroom + 1 x Employee Washroom Bar Customization Customer Seats Area. The electrical system has been upgraded to 400A three-phase service to support high-demand kitchen equipment. Seller invested approximately $250K, including ventilation/hood system, make-up air, grease interceptor, and related approvals/permits-a valuable head start for food operators
1 Unit Available
Unit 1035
| Unit Size | 769 SF | NOI | $34,950 CAD |
| Condo Use | Retail | No. Parking Spaces | 50 |
| Sale Type | Investment or Owner User | Sale Conditions | Lease Option |
| Cap Rate | 5.00% |
| Unit Size | 769 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| NOI | $34,950 CAD |
| No. Parking Spaces | 50 |
| Sale Conditions | Lease Option |
Description
Rare opportunity to purchase a restaurant space in one of Markham's hottest plazas. Situated in one of the best locations at Langham Square, this unit offers excellent visibility and exposure, with the added advantage of directly facing the parking area for easy access and strong storefront presence. Currently operating as a restaurant with a very stable tenant in place for 8 years, with 2 more years remaining on the lease, and never late on rent. Total area is approx. 769 sq ft (approx. 692 sq ft net retail). Plenty of visitor parking is available on both the surface and underground levels. A covered arcade walkway provides convenient all-weather access in rain or snow. Existing commercial venting and restaurant build-out are in place, and the electrical system has been upgraded to 400A three-phase service to support high-demand kitchen equipment. Seller invested approximately $250K, including ventilation/hood system, make-up air, grease interceptor, and related approvals/permits-a valuable head start for food operators (Refer to the inclusion list).
Sale Notes
Currently operating as a restaurant with a very stable tenant in place for 8 years, with 2 more years remaining on the lease, and never late on rent. Total area is approx. 769 sq ft (approx. 692 sq ft net retail). Plenty of visitor parking is available on both the surface and underground levels.
Property Facts
| Total Building Size | 769 SF | Typical Floor Size | 769 SF |
| Property Type | Retail (Condo) | Year Built | 2011 |
| Property Subtype | Storefront Retail/Office | Tenancy | Single |
| Building Class | B | Lot Size | 6.44 AC |
| Floors | 1 | ||
| Zoning | C - Commercial Restaurant Retail Store For Sale | ||
| Total Building Size | 769 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 769 SF |
| Year Built | 2011 |
| Tenancy | Single |
| Lot Size | 6.44 AC |
| Zoning | C - Commercial Restaurant Retail Store For Sale |
Amenities
- Bus Line
- Air Conditioning
