560 Mulock Drive, Newmarket, ON Image 1

$249,800

$298,000
16.2% dropped

Last price change 2 days ago

Sale Of Business For Sale
MLS - #N12161417
2 days ago- By ROYAL LEPAGE YOUR COMMUNITY REALTY

560 Mulock Drive, Newmarket, ON L3Y 8R9

Bed
Bath
1772 Sqft.
Plaza Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

1772 Sqft

About 560 Mulock Drive

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 5 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.

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Building size

1772

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
24980000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 560 Mulock Drive

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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