243/245 Main Street South, Newmarket | Image 1

243/245 Main Street South

Newmarket, Central Newmarket

  • Commercial

$2,150,000
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: UC- D1

  • Age: 100+ years

  • Taxes: 13937

  • MLS®#: N7014546

  • Days on Site: 2 Days

  • Added: Sep 17, 2023 (1 week ago)

  • Updated:

  • Last Checked: 48 minutes ago

  • Listed By: MAIN STREET REALTY LTD.

Rare investment opportunity in the Heart of Newmarket. On Historic Mainstreet South two buildings with 6 units. Two prime store front locations, a Convenience Store and a Fast food joint are already leased out. The two upstairs commercial Office units are ready to lease. If the buyer desires these offices have the possibility of being converted into Above the Store multiple apartments. Two rear W/O basement units with laneway entry are also available for leasing to small business or storage.

Extras

Flexible lease terms with the Tenants. Each unit comes with own rest rooms. Units are separately metered for Electricity. Several thousands spent by investors on renovation to improve the building mechanical functionality

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Newmarket

  • Community: Central Newmarket

  • Availability Date: Negotiable

Inside

  • Bathrooms: 5

  • Air Conditioning: Y

  • Washrooms: 5

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Elec Hot Water

  • Elevator: None

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2022

  • Tax Legal Description: PL 4A LT6 PT LT 5 PT BLK N

  • Taxes: $13,937

  • Taxes Type: Annual

Land

  • Cross Street: Main/Water

  • Municipality District: Newmarket

  • Parcel Number: 36080008

  • Sewer: Sanitary

  • Lot Depth: 112.64 Feet

  • Lot Frontage: 44.26 Feet

  • Lot Irregularities: Easement For Entry To

  • Zoning: UC- D1

Additional Media

  • Virtual Tour: https://tours.panapix.com/196564

Commercial Specific

  • Retail Area: 3094

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6169

  • Total Area Metric: Sq Ft

  • Office Size: 3075

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Crane: N

  • Lot Code: Building

Map of 243/245 Main Street South, Newmarket
JK-5

J L R Bell Public School

Elementary: Public
1.46 km
JK-8

St Paul Catholic Elementary School

Elementary: Catholic
1.66 km
JK-8

Stuart Scott Public School

Elementary: Public
0.58 km
JK-8

Prince Charles Public School

Elementary: Public
0.81 km
JK-8

Maple Leaf Public School

Elementary: Public
1.47 km
JK-8

Rogers Public School

Elementary: Public
1.03 km
9-12

Dr John M Denison Secondary School

Secondary: Public
2.51 km
9-12

Sacred Heart Catholic High School

Secondary: Catholic
1.39 km
9-12

Sir William Mulock Secondary School

Secondary: Public
2.89 km
9-12

Huron Heights Secondary School

Secondary: Public
1.59 km
9-12

Newmarket High School

Secondary: Public
1.87 km
Pre-Grade 9-12

St Maximilian Kolbe High School

Secondary: Catholic
5.45 km
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