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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$3,498,500
Available - For Sale
Listing ID: N9012796
255 Main St South , Newmarket, L3Y 3Z4, Ontario


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.
Price $3,498,500
Taxes: $11975.89
Tax Type: Annual
Occupancy by: Own+Ten
Address: 255 Main St South , Newmarket, L3Y 3Z4, Ontario
Postal Code: L3Y 3Z4
Province/State: Ontario
Lot Size: 42.00 x 121.75 (Feet)
Directions/Cross Streets: Main St S and Water St
Category: Multi-Use
Building Percentage: N
Total Area: 10800.00
Total Area Code:  Sq Ft
Office/Appartment Area: 5350
Office/Appartment Area Code: Sq Ft
Industrial Area: 3600
Office/Appartment Area Code: Sq Ft
Retail Area: 1850
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Sprinklers: N
Heat Type: Radiant
Central Air Conditioning: Part
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Commercial/Retail
Area: York
Municipality: Newmarket
Neighbourhood: Central Newmarket
Style:
Lot Size: 42.00 x 121.75(Feet)
Approximate Age:
Tax: $11,975.89
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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