Unit 5&6 1208 Gorham Street Newmarket ON L3Y 8Y9
$ 700,000

Listing ID

#N12444824

Property Type

Sale Of Business

County

York

Neighborhood

Newmarket Industrial Park

Days on website

81

Description
Exceptional opportunity to acquire a well-established and profitable automotive franchise business (without property) located in the heart of Newmarket's premier industrial corridor. Operating continuously since 2014, the business features a strong brand presence, exclusive referral relationships with two major insurance providers, and a loyal, growing customer base. The 5,594 sq. ft. combined industrial condo (Units 5 & 6) offers 18' clear height, two grade-level drive-in doors, office space, and a partial sprinkler system. The operation benefits from a stable long-term lease with favourable terms. Zoned EG-12, supporting a wide range of permitted uses, and ideally situated with excellent access to Hwy 404, GO Transit, and major arterials. A rare, turn-key investment offering solid operational income, secure tenancy, and long-term growth potential.
Location
Financial Information
List Price:  $ 700000
Taxes:  $ 15340
Property Features
Air Conditioning:  Partial
Garage Type:  Outside/Surface
Heat Type:  Gas Forced Air Open
Lot Features:  Irregular Lot
Sprinklers:  Yes
Utilities:  Yes
Listed By:     RE/MAX REALTRON REALTY INC.