1 - 450 Mulock Drive
Newmarket, ON
4 bath • 1,759 sqft • Sale Of Business • 138 days on market
Priced for quick sale. 4.7 Star with 700 plus Google reviews this Fully Equipped Fully functioning 1759 sq ft Turnkey profitable Mexican Restaurant for Sale on Prime High traffic Newmarket Corner Location in the heart of Newmarket with excellent signage visibility and ample parking. Sale includes Goodwill (Established business name, phone number, social media, and loyal client base), a complete commercial kitchen - featuring 12 ft hood, 50 seats, all professional grade appliances, easy to operate washer, ventilation, and prep stations. All furniture, fixtures, and restaurant chattels are included, just walk in and start cooking on day one. Fully LLBO licensed premises included in the sale, providing a turnkey setup for serving a complete beverage menu. Excellent Lease Terms that offers stability and a competitive rate, providing the perfect foundation to grow your own business. Landlord willing to support with the construction of an outdoor patio. Easy to apply for the permit as the preliminary steps have been taken. Currently operating as a successful Mexican eatery, but the versatile layout and top-tier equipment make it suitable for various culinary concepts. Seller willing to provide training to ensure a smooth handover and to teach recipes and operation optimizations. This established spot is perfectly positioned to capture heavy local residence, nearby corporate and trade professionals. High visibility with ample plaza parking. The basement, roughly 850 sq. ft. offers incredible versatility. While presently utilized for food and packaging storage, this expansive bonus space could easily be converted for additional revenue generating purposes. The two washrooms, two refrigerators and the space present a unique opportunity for the new owner to maximize the property's functional square footage.
Listing Details
- Listed
- April 12, 2026
Price History
Listing history
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Property
- Lot Size
- 172 x 142 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Bayview Ave & Mulock Dr
- Zoning
- Commercial
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Owner
- Office / Apartment Area
- 559 Sq Ft
Included
- Inclusions
- A list of appliances, equipment and chattels/furniture are available and will be provided at time of offer.
- Exclusions
- Landlord equipment.
- Rental Items
- Negotiable if the price is right seller willing to pay off all or part of rental appliances. A list of appliances, equipment and chattels/Furniture are available and will be provided at time of offer
Community
Postal area L3Y
- Population
- 43,556
- Private dwellings
- 17,365
- Median age
- 45.6
- Average household size
- 2.5
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Newmarket · last 12 months
- Median sold price
- $930,000
- Homes sold
- 854
- Median days on market
- 21
- Sale-to-list price
- 98.0%
Based on 854 recorded sales of commercial properties in Newmarket over the last 12 months.
Listed by
ROYAL LEPAGE IGNITE REALTY
Location
Commercial figures
- Building area
- 1,759 sq ft
- Price per sq ft
- $158.61
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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