48 Prospect St - Warehouse FOR SALE


Newmarket, ON L3Y 3T3- East Gwillimbury/Newmarket
$2,690,000 CAD
416-302-1010
48 Prospect St, Newmarket, ON for Sale
$2,690,000 CAD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

48 Prospect St
Newmarket, ON L3Y 3T3
East Gwillimbury/Newmarket


OVERVIEW

This exceptional 10434 sq. ft. offers a rare blend of functionality, flexibility, and efficiency-ideal for a wide range of industrial users. Featuring 18-foot clear ceiling height, the unit provides ample vertical capacity for racking, equipment, or storage. Updated electrical service supports light to medium industrial operations, while two drive-in shipping doors ensure seamless logistics and operational flow.A dedicated office area allows for administrative use and client interaction, with clear separation from the warehouse floor. The layout is open and adaptable, suitable for manufacturing, warehousing, assembly, and distribution.An additional residential component above the office offers flexible use as either office space or living quarters.Full list of permitted uses available, there is also a residential component above office that can be used as additional office as well as residential. phase 1 and 2 have been completed and its clean for Mortgage. Seller may entertain VTB. Floor plan is attached. Apx 8 parking space in the back

FOR SALE DETAILS

PRICE

$2,690,000 CAD

PRICE/SF

$258 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22

LAND SF

9,583

ZONING

Mu1

APN/PARCEL ID

CUSTOM-3901207

ASK ABOUT THIS PROPERTY

P.J. TalatPj Talat, BrokerMore Info
416-302-1010

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P.J. TalatPj Talat, BrokerMore Info
416-302-1010

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