Address
193-197 Main St S, Newmarket, ON
Price
$ 2,499,999
Property Attributes
- MLS#N8312530
- TypeCommercial
- CityNewmarket
- AreaCentral Newmarket
- NeighbourhoodNewmarket
- Postal CodeL3Y 3Y9
- Style
- Taxes$ 26255
- Price$ 2,499,999
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage9996
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
First time offered for sale in nearly 100 years! This is a very rare opportunity to purchase a large Commercial building on Main Street, which is located in a prime location on the street with roadside parking in front, and an owned private parking lot in the rear that can accommodate up to 10 cars (a very rare feature for Main street). The building is over 6600sqft on the main and upper level with another 3300sqft in the basement, which has generous ceiling height and 3 walk outs to the parking area. This building is ready for a new owner to turn it into another Jewel of Main Street. Top 4 features that you must appreciate about this property are: 1. The location on the street and easy access via the alley off Main Street & cedar street; 2. the lot size and rear parking area allow for loading and unloading large trucks, or to have room to add an addition or deck/patio to the building; 3. The 10ft ceiling height on the main level + 12ft on the upper level and adequate basement height as well; 4. The property consists of 3 separate buildings (with 3 separate basements), which can be reconfigured to provide a generous rental income,. This is a one of a kind building on the street, in a one of a kind location on the street, which should not be overlooked.
| Price History | |
|---|---|
| 5/7/2024 | Listed $2,499,999 |
General Features
| Utilities | Yes |
|---|---|
| Water | Municipal |
| Zoning | UC-D1 |
| Sprinklers | No |
| Extras | This offering is 3 separate buildings (titles) being sold as a package. Owned area for parking,or building expansion. Unlimited potential with this building due to its incredible location on the stre |
| Heater Type | Gas Hot Water |
| Parking Spaces | 10 |
| Community Amenities | Central Newmarket |
| Elevator | None |
| Area | York |
| Tax Year | 2023 |
| Survey | No |
| Lot Depth | 112.00 |
| Basement | Yes |
| Freehold | Yes |
| Status | A |
| Taxes | 26255.59 |
| Legal Description | 3 legal descriptions. See schedule D |
| Category | Multi-Use |
| ApproxAge | 100+ |
| Property Sub Type | Commercial/Retail |
| Lot Front | 51.26 |
| Type | .Q. |
Interior Features
| A/C | Yes |
|---|---|
| Washrooms | 4 |
Exterior Features
| Garage Type | Outside/Surface |
|---|---|
| Sewers | Sanitary |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in L3Y 3Y9
Price
Taxes
Visits
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested