255 Main Street For Sale

Newmarket, Central Newmarket, L3Y 3Z4

$3,498,500

Description

Listed by EXP REALTY.

Explore this multi purpose Commercial/Retail/Residential building, located in the heart of Newmarket's most coveted and desired area "MAIN ST NEWMARKET".This rare find offers investors and business owners an exclusive chance to secure their own space with unmatched advantages:Grandfathered Industrial Zoning,rare opportunity with long-term flexibility and value preservation.Size and Layout, impressive 10,800 sq ft multi-use building featuring a spacious main floor primed for retail and industrial.Second Floor boasts three meticulously renovated residential units.A massive 3600 Sq ft basement with walk out to Bay Truck Doors is a huge asset to any type of business ventures. This property is Ideally situated for high visibility and convenient access to thriving local amenities, enhancing appeal and investment potential. Whether expanding your portfolio or establishing a flagship location, this property offers an optimal combination of ample space,secure zoning and investment strategy.

Roof Redone in 2012 over 100k spent. Residential Units updated in the last few years.Concrete on side of building upgraded. Electrical 100AMP 600V Service-400AMP 240V service.

Location

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  • Address: 255 Main Street
  • Neighborhood: Central Newmarket
  • City: Newmarket
  • State: Ontario
  • Postal Code: L3Y 3Z4

Property Details

  • Property ID: N9012796
  • Property Price: $3,498,500
  • Style: Commercial/Retail, Multi-Use
  • A/C: Part
  • Basement: Y
  • Heating: Radiant
  • Taxes: $11,975.89 (2024)
  • Lot: 121.75x42.00 (Feet)

Property History

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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100