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. |
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 street. |
Price | $2,499,999 |
Taxes: | $26255.59 |
Tax Type: | Annual |
Occupancy by: | Partial |
Address: | 193-197 Main St South , Newmarket, L3Y 3Y9, Ontario |
Postal Code: | L3Y 3Y9 |
Province/State: | Ontario |
Legal Description: | 3 legal descriptions. See schedule D |
Lot Size: | 51.26 x 112.00 (Feet) |
Directions/Cross Streets: | Main St S / Park Ave |
Category: | Multi-Use |
Building Percentage: | Y |
Total Area: | 9996.00 |
Total Area Code: | Sq Ft |
Retail Area: | 6664 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Approximatly Age: | 100+ |
Sprinklers: | N |
Washrooms: | 4 |
Outside Storage: | N |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLDWELL BANKER THE REAL ESTATE CENTRE |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | York |
Municipality: | Newmarket |
Neighbourhood: | Central Newmarket |
Lot Size: | 51.26 x 112.00(Feet) |
Approximate Age: | 100+ |
Tax: | $26,255.59 |
Baths: | 4 |