HomeNewmarket16775 Yonge Street

For Sale

16775 Yonge Street, Newmarket, ON L3Y 8J4

$199,000

16775 Yonge Street, Newmarket — MLS N12948710
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Sqft
2606
Type
Sale Of Business
Style
Without Property
Heating
Electric Forced Air
A/C
Yes
MLS®
N12948710

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.

This sale of business sits in Central Newmarket, in Newmarket. Newmarket offers tree-lined established streets, newer family enclaves, and one of York Region’s liveliest Main Streets, all with GO train access to Toronto.

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Listing courtesy of HOMELIFE LANDMARK REALTY INC..

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