
50 Dr Kay Drive
King, ON
1,200 sqft • Sale Of Business • 145 days on market
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 Details
- Listed
- March 30, 2026
Price History
Listing history
Sign in to view
Property
- Age
- 0-5
Location & Legal
- Cross Street
- 9 & HWY 27
- Zoning
- commercial/retail
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Included
- Inclusions
- ***please see chattels list
- Exclusions
- ***please see chattels list
Community
Postal area L0G
- Population
- 44,945
- Private dwellings
- 15,980
- Median age
- 41.6
- Average household size
- 2.9
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in King · last 12 months
- Median sold price
- $1,820,000
- Homes sold
- 241
- Median days on market
- 30
- Sale-to-list price
- 94.0%
Based on 241 recorded sales of commercial properties in King over the last 12 months.
Listed by
RE/MAX NOBLECORP REAL ESTATE
Location
Commercial figures
- Building area
- 1,200 sq ft
- Price per sq ft
- $227.50
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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