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.
Address
255 Main Street S
List Price
$3,498,500
Property Type
Commercial
Type of Dwelling
Commercial Retail
Area
Newmarket
Sub-Area
Central Newmarket
County
York
Lot Depth
121.75
Lot Type
Building
Lot Size Units
Feet
Lot Width
42
MLS® Number
N9012796
Listing Brokerage
EXP REALTY
Postal Code
L3Y 3Z4
Tax Amount
$11,975.89
Tax Year
2024
Community Features
Major Highway, Recreation/Community Centre
Heat Type
Radiant
Cooling Features
Partial
Garage Type
None
Security Features
No