$3,498,500 FOR SALE

Commercial/Retail

Lot: 42 x 121.75 ftTotal Area: 10,800 ft2
2024 Taxes: $11,975.89

255 Main St S
Newmarket, ON L3Y 3Z4 | Central Newmarket | York

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.

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N9012796
Last Updated Oct 08, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 036080005
Occupancy Own+Ten
Taxes (2024) $11,975.89
Tax Type Annual
Directions/Cross Streets Main St S and Water St
Neighbourhood Central Newmarket
Area York
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Lot 42 x 121.75 ft
Retail Area 1,850 ft2
Industrial Area 3,600 ft2
Office/Apt Area 5,350 ft2
Total Area 10,800 ft2
Air Conditioning Part
Basement Y
Garage Type None
Heat Type Radiant
Area Influences Major Highway, Rec Centre
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning commercial
Seller Property Info Statement N

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