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MLS® N12948710
Newmarket, ON
Excellent opportunity to acquire a well-established Chinese fusion restaurant in a prime location in Newmarket. Offering approximately 2,606 sq. ft., this turnkey space features a fully equipped commercial kitchen, suitable for a variety of cuisines. Over $400,000 invested in renovations, showcasing a nicely updated interior with a warm and inviting dining atmosphere. Established business with a steady and loyal returning clientele, consistent operations.Situated on a high-exposure main corridor, surrounded by established residential neighborhoods and benefiting from steady local traffic. Convenient access to public transit enhances accessibility. Strong future growth potential with the newly developed Mulock Park (approx. 16 acres), a landmark community destination featuring year-round recreational amenities, cultural spaces, walking trails, and green open areas, with anticipated opening in Summer 2026. The upcoming Galleria Supermarket will open nearby, bringing more activity and customers to the area. This is a turnkey restaurant opportunity in a growing, high-demand location. Underground parking and a private underground storage room.
Inclusions
Most chattels and equipment are included as viewed. A detailed chattels list will be provided within 3 days upon acceptance of an offer.
Exclusions
No Real Property - Asset Purchase Only
Broker
HOMELIFE LANDMARK REALTY INC.
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Sale Of Business
16775 Yonge Street Newmarket
Newmarket
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$0/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
2606 sqft
Parking
Outside/Surface
Finances
List Price
$199,000
Price per SQFT
$76.36/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
2606 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
Newmarket
Listed On
Apr 1, 2026
Major Highway
Public Transit
Days on Market
Current: 220 days
Room information is not available for this listing.
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