Sales Representative
Price
$249,800
Bedrooms
Not listed
Bathrooms
Not listed
Size
1772 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
Not listed
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.
Access detailed sale and tax history information
Total Monthly Payment
$898 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$199,840
Total Interest Payments
$123,214
Total Payment (Principal + Interest)
$323,054
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.
