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$ 298,000
Est. payment /mo
Active
560 Mulock DR #3 and 4 Newmarket, ON L3Y 8R9
1,772 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,772 sqft
Price per Sqft $168
Subdivision Stonehaven-Wyndham
MLS Listing ID N12161417
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Well-Established Dry Cleaning Plant & Depot, Prime Newmarket Location Exceptional opportunity to own a thriving dry cleaning plant and depot in the heart of Newmarket. This dual street-front location features approx. 1,758 sq. ft. of usable space with ample parking, surrounded by high foot traffic and steady walk-in clientele.Long-term lease in place with 10 years remaining and a 5-year renewal option. Average monthly rent is $6,684, inclusive of TMI and water.In addition to strong walk-in business, the plant services multiple depot locations, generating stable annual revenue of over$400,000. Services include full dry cleaning, on-site alterations (equipment included), and drop-off/pick-up. Simple to operate-ideal for a two-person team.Fully equipped with professional, brand-name machinery (estimated replacement value: $300,000). Located in a rapidly developing residential area, offering significant growth potential through extended hours, local delivery, or additional services.Hours: Monday-Friday: 7 AM-7 PM | Saturday: 9 AM-5 PM | Sunday: Closed Owner will provide 3 weeks of complimentary training to ensure a seamless transition.
Location
Province ON
County York
Community Stonehaven-Wyndham
Area York
Interior
Cooling No
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY