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$ 295,000
Est. payment /mo
New
200 MAIN STREET Newmarket (central Newmarket), ON L3Y1R1
4 Baths
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Central Newmarket
MLS® Listing ID N12531768
Source Toronto Regional Real Estate Board
Property Description
Discover A Rare Opportunity To Own And Operate An Exceptional Commercial Property In The Heart Of Newmarket's Main Street District. This 2,500 Sqf Corner Lot Property Features Two Unique Adjoining Units, Each With Its Own Separate Entrance, Liquor License, And Distinct Character, Connected By An Internal Passageway That Allows Both Spaces To Be Seamlessly Combined For A Larger Unified Concept. The Property Is Being Offered For Sale As One Large Commercial Unit, Providing Unlimited Creative Potential For A Restaurant, Café, Entertainment Venue, Or Retail Concept. The First Unit Currently Operates As A Comic Book Retail And Bar/Lounge Hybrid With A Cozy Bar, Stools, Sofa, And Lounge Seating, While The Second Unit Features A Full Kitchen, Bar, And High-Top Tables, Ideal For A Food And Beverage Operation. Together, The Property Holds An LLBO License For 95 Patrons (75 Indoor And 20 Patio) And Showcases Outstanding Architectural Charm With High Ceilings, Exposed Brick Walls, Oversized Pine Board Flooring, And Large Transom WindowsThat Fill The Space With Natural Light. Situated On A High-Visibility Corner With Dual Street Exposure-Main Street Frontage And A Side Street Entrance-This Property Benefits From Strong Pedestrian Traffic Year-Round, Enhanced By Newmarket's Many Seasonal Events And Festivals. Rent Including TMI Is $7,500/Month, With The Current Lease Expiring In May 2027 And A 5 + 5 Year Option To Renew. Perfect For Entrepreneurs And Investors Alike, This Is A One-Of-A-Kind Opportunity To Bring Your Vision To Life In One Of Newmarket's Most Vibrant And Desirable Commercial Destinations. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE/BAYVIEW REALTY INC.