340 Eagle St - Restaurant FOR SALE


Newmarket, ON L3Y 7M9- East Gwillimbury/Newmarket
$369,900 CAD
888-311-1172
340 Eagle St, Newmarket, ON for Sale
$369,900 CAD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

340 Eagle St
Newmarket, ON L3Y 7M9
East Gwillimbury/Newmarket


OVERVIEW

Outstanding opportunity to acquire a busy, fully operational restaurant situated in a high-visibility corner unit directly across from Upper Canada Mall. Recent 2025 renovations include premium-grade equipment, fixtures, and modern finishes throughout the interior. This 2,600 sq. ft. space is fully fixtured and currently operating under a well-recognized franchise model, with the flexibility to rebrand subject to landlord approval. The layout accommodates seating for 86 guests indoors, plus an additional 56 seats on the spacious patio, creating an inviting environment for year-round dining. The sale includes all chattels, kitchen equipment, small wares, POS system, and a fully equipped kitchen featuring a commercial hood and exhaust system. A transferable liquor license is in place. The property offers a favorable lease structure with rent at $28 PSF net and approximately $9,066.37/month (including TMI and water) plus HST. Over nine years remain on the current term, with a renewal option available for long-term security. This is a turnkey operation ideal for experienced operators or investors looking for a thriving, high-traffic location in a strong retail corridor.

FOR SALE DETAILS

PRICE

$369,900 CAD

PRICE/SF

$21 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

72,075 SF

ZONING

CR

APN/PARCEL ID

194804020575050

ASK ABOUT THIS PROPERTY

Dan BalkosReal Broker Ontario LtdMore Info
888-311-1172

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Dan BalkosReal Broker Ontario LtdMore Info
888-311-1172

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.