50 Dr Kay Dr, Schomberg, King, Ontario

$273,000
New

MLS® Number: N12935260

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Key Facts

Bathrooms

0

Square Feet

1200

Year Built

0-5

Property Type

Sale Of Business

Style

Without Property

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Description

Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald's, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, cafe, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.

Listing History

DatePriceStatus
about 2 months ago$359,900New
about 1 month ago$699,000New
5 months ago$699,000Ter
about 2 months ago$1,050,000New
7 months ago$699,000Ter
10 months ago$119,000Ter
10 months ago$799,000Ter
about 1 year ago$849,000Ter
over 1 year ago$195,000Sld
over 1 year ago$789,888Sld
almost 2 years ago$788,800Sld
almost 2 years ago$699,000Sld
about 2 years ago$199,000Sld
over 2 years ago$699,000Sld
over 2 years ago$1,299,999Sld

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