244 Main St S - Storefront Retail/Office FOR SALE


Newmarket, ON L3Y 3Z5- East Gwillimbury/Newmarket
$1,999,900 CAD
905-836-1212
244 Main St S, Newmarket, ON for Sale
$1,999,900 CAD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

244 Main St S
Newmarket, ON L3Y 3Z5
East Gwillimbury/Newmarket


HIGHLIGHTS

  • Located in Newmarket's historic downtown area.
  • UC-D1 zoning.
  • Steps away from Fairy Lake & Tom Taylor Trails.
  • Offers over 9,000 SF of space.

OVERVIEW

One of the most remarkable and attention-commanding properties in Newmarket's Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarket's most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarket's succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

FOR SALE DETAILS

PRICE

$1,999,900 CAD

PRICE/SF

$220 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,682 SF

ZONING

UC-D1

APN/PARCEL ID

194802009133600

ASK ABOUT THIS PROPERTY

Graham PurvisRoyal LePage RCR RealtyMore Info
905-836-1212

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Graham PurvisRoyal LePage RCR RealtyMore Info
905-836-1212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.