1
$2,699,000 Sale
Listed 21 hours ago
245 Main Street S
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Listing History
Buy/Sell/Terminated/Expired listing history for 245 Main Street S
Key Facts
Key facts for 245 Main Street S
Property Type
Commercial
Parking
Outside/Surface
MLS #
N12466681
Size
-
Basement
-
Listed on
2025-10-14
Lot size
44 x 112.64
Tax
$18,278.68 /yr
Days on Market
3
Approximate Age
100+
Maintenance Fee
-
Description
Location! Location! Location! Rare opportunity to own a prime mixed-use building in the heart of Downtown Newmarket on Main Street, between Water & Timothy Streets high-traffic, high-exposure area surrounded by shops, restaurants, and major businesses. Property features 2 commercial units (popular ...convenience store & pizza shop) and 2 residential apartments above, generating approx. $12,000/month in rental income. Excellent potential to increase income by another $8,000/month by adding two more residential units or one office space and a basement commercial unit. Includes a large basement with walk-out, perfect for expansion or storage. Building underwent major structural and mechanical renovations in 2013, offering long-term stability and minimal maintenance. Fantastic opportunity for investors or end users seeking strong returns and future growth in one of York Regions most vibrant downtown communities.
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Courtesy of: RE/MAX COMMUNITY REALTY INC.