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16775 Yonge Street Newmarket, Ontario L3Y 8J4

2606 sqft
Fully Air Conditioned Forced Air

$299,000

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. Includes underground parking and a private underground storage room. (id:60365)

Business

BusinessType Restaurant
BusinessSubType Restaurant/pub

Property Details

MLS® Number N12948710
Property Type Business
Community Name Central Newmarket
AmenitiesNearBy Highway, Public Transit

Building

CoolingType Fully Air Conditioned
HeatingFuel Electric
HeatingType Forced Air
SizeInterior 2606 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29548130/16775-yonge-street-newmarket-central-newmarket-central-newmarket

Lily Ngan
Salesperson


Homelife Landmark Realty Inc.
7240 Woodbine Ave Unit 103
Markham, Ontario L3R 1A4

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