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50 Dr Kay Drive

50 Dr Kay Drive

King, ON

1,200 sqft • Sale Of Business • 145 days on market

$273,000

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

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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.

R

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