For Sale

255 Main Street, Newmarket (Central Newmarket), Ontario L3Y3Z4

$3,498,500

255 Main Street, Newmarket (Central Newmarket), Ontario L3Y3Z4 is For Sale and has a listing price of 3,498,500. The property is located in the Newmarket neighbourhood. It's been on the website for 135 Days.

  • Retail
    Property Type
  • MLS ID: N9012796
  • Office Name EXP REALTY
Property Description

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. (id:43137)

Property Details
  • MLS ID: N9012796
  • Price: $3,498,500
  • Transaction Types: For Sale
  • Ref ID: 27129129
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
07/04/2024 N9012796 $3,498,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,237,070 Average List Price
    based on 1 year
  • 131 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.1 % Up
  • Sold (12mo) 731
  • Rented (12mo) 584

  • 1 Month Change +3.3%
  • 3 Month Change +19.9%
  • 6 Month Change +40.1%
Walkscore
  • 94 Walk Score
    Walker's Paradise
  • 43 Transit Score
    Some Transit
  • 71 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    86.61%
  • Commercial
    5.8%
  • Condo
    7.52%
  • Land for Sale
    0.07%
Additional Details
  • Heating System Radiant Heat
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/07/2024 00:00:00
  • Zoning R10
  • Agent Name: MICHAEL BUSLOVICH
  • Last Updated: 16/10/2024 15:49:12
Open House Dates
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