255 Main Street South, Newmarket | Image 1

255 Main Street South

Newmarket, Central Newmarket

  • Commercial

$3,498,500
For Sale

Added 4 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: commercial

  • Age: No Data

  • Taxes: 11975.89

  • MLS®#: N9012796

  • Days on Site: 96 Days

  • Added: Jul 04, 2024 (4 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • 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.

Extras

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.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Newmarket

  • Community: Central Newmarket

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Radiant

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $11,976

  • Taxes Type: Annual

Land

  • Cross Street: Main St S and Water

  • Municipality District: Newmarket

  • Parcel Number: 036080005

  • Lot Depth: 121.75 Feet

  • Lot Frontage: 42 Feet

  • Zoning: commercial

Commercial Specific

  • Retail Area: 1850

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 10800

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 3600

  • Industrial Area Metric: Sq Ft

  • Office Size: 5350

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Lot Code: Building

Map of 255 Main Street South, Newmarket
JK-8

St Paul Catholic Elementary School

Elementary: Catholic
1.66 km
JK-8

Stuart Scott Public School

Elementary: Public
0.59 km
JK-8

Prince Charles Public School

Elementary: Public
0.80 km
JK-8

Maple Leaf Public School

Elementary: Public
1.51 km
JK-8

Rogers Public School

Elementary: Public
1.04 km
JK-8

Bogart Public School

Elementary: Public
1.49 km
9-12

Dr John M Denison Secondary School

Secondary: Public
2.55 km
9-12

Sacred Heart Catholic High School

Secondary: Catholic
1.38 km
9-12

Sir William Mulock Secondary School

Secondary: Public
2.89 km
9-12

Huron Heights Secondary School

Secondary: Public
1.60 km
9-12

Newmarket High School

Secondary: Public
1.83 km
Pre-Grade 9-12

St Maximilian Kolbe High School

Secondary: Catholic
5.42 km
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