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Retail space for Sale — Newmarket

244 Main Street S, Newmarket, Ontario, L3Y 3Z5
For sale
$1,699,900

Overview

Status
For sale
Asking price
$1,699,900
Area
9,078 sq ft
Clear height
20′

Description

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket! Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE.

Property details

Property type
Retail
Square footage
9,078 sq ft
Clear height
20′

Feature sheet

Municipality
Newmarket
Community
Central Newmarket
Apt/Unit
Not provided
Property Type
Commercial Retail
Category
Multi-Use
Use
Other
Total Area
9,078 sq ft
Lot Size
Not provided
Lot Code
Lot
Office Apt Area
100%
Industrial Area
Not provided
Truck Level Door No
Not provided
Drive-In Level Door No
Not provided
Grade Level Door No
Not provided
Clear Height
20 ft
Amps
Not provided
Volts
Not provided
A/C
Yes
Heating Type
Gas Forced Air Closed
Sprinklers
Not provided
Zoning
uc-d1
List
$1,699,900
Price Code
Asking price
Taxes
$22,000
Tax Type
Annual
Tax Year
2026
Occupancy
Not provided
Possession Type
Other
Possession Remarks
Flexible But Likely June 2027

Features & highlights

  • 20′ clear height