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$2,390,000

Unit A&B - 48 Prospect St

Newmarket, ON L3Y 3S9

Unit A&B - 48 Prospect St, NewmarketListed at $2,390,000 Industrial. MLS® N13754700.

Possession · seller's timeline

Flexible

6,216Sq Ft
Industrial
$17,000Taxes/yr · 2026

Description

This industrial space offers a rare combination of functionality, flexibility, and efficiency, making it an outstanding opportunity for businesses seeking well-appointed industrial premises. Featuring an impressive 18-foot clear ceiling height, the unit provides generous vertical space to accommodate racking systems, production equipment, or storage requirements with ease. The property is equipped with updated electrical service, supporting a range of light to medium industrial operations. Two convenient drive-in shipping doors allow for seamless loading and unloading, enhancing operational flow and logistics efficiency. In addition to the expansive industrial area, the unit includes a practical office component, ideal for administrative functions, client meetings, or management oversight while maintaining clear separation from the warehouse floor. The open and adaptable layout is well-suited for manufacturing, warehousing, assembly, distribution, and related industrial uses. Strategically designed for productivity and scalability, this space offers businesses the infrastructure needed to operate efficiently and grow confidently. Please note that automotive repair and mechanic shop uses are not permitted. A detailed list of approved uses is available in the attached documentation. Pictures cleaned with AI. Can build upto 10 stories.

Property Details

Property TypeIndustrial
CommunityCentral Newmarket
Lot Dimensions66 × 148 ft
Dir/Cross StProspect & Davis
Garage TypeLane
Heating TypeNone
A/CNo
SewersSanitary Available
Taxes (2026)$17,000
HSTIn Addition To
SecurityNo
Listed Date9/8/2026
Days on Market11 days
PossessionTBA

Business Details

Property Sub-TypeIndustrial
Property UseFree Standing
Occupant TypeVacant
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires6/28/2027

Commercial Space & Financials

Industrial Area6,216 Sq Ft

Industrial Specifications

Clear Height18'
CraneNo
Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RE/MAX HALLMARK REALTY LTD.

MLS® #N13754700

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Newmarket Real Estate

This Industrial is located in the Central Newmarket community in Newmarket. Newmarket is York Region's northern anchor, offering an award-winning historic Main Street, the Upper Canada Mall, and strong community amenities. The East Gwillimbury GO station expansion is improving transit access. Buyers find good value in newer subdivisions while the downtown core retains small-town charm with restaurants and boutiques.

Historic Main Street shopping districtUpper Canada MallFairy Lake Park & trailsGO Transit expansion underway
~55 min commute to downtown TorontoWalkability: Walkable Main Street — car-dependent subdivisions
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