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Active
MLS® N12468634

244 Main St S

Newmarket, ON L3Y 3Z5

$2,150,000

Bathrooms

8

Type

Commercial Retail

Taxes (2024)

$21,328.29

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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!

Price & Status History

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Property Details

Property TypeCommercial Retail
CommunityCentral Newmarket
Washrooms8
Lot Size0.17 acres (7,623 sq ft)
Lot Dimensions42.9 × 169.6 ft
Lot Size Area0.175 sqft (GeoWarehouse)
Dir/Cross StBookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale
Garage TypePublic
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary+Storm
Taxes (2024)$21,328.29
HSTIn Addition To
SecurityNo
Listed Date10/17/2025
Days on Market175 days
PossessionOwner Flexible But Prefer Spring/Summer 2026
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

COLDWELL BANKER THE REAL ESTATE CENTRE

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MLS® #N12468634