206 Main Street, Newmarket (Bristol-London) - Business for Sale
206 Main Street, Newmarket (Bristol-London), Ontario, L3Y3Z3
This business in Newmarket is for sale offering roughly 5,347 sq ft of space.
Description
Beautiful historic building in the heart of downtown Newmarket. Fully tenanted. Retail on main floor, offices on 2nd and third floor. Surrounded by retail, restaurants, and other businesses. Close to municipal facilities hosting year round activities/concerts etc. Free parking close by. Excellent investment opportunity. (id:66096)
Property Details
- MLS®
- N13086040
- Property Type
- Business
- Zoning
- C7
- Interior Size
- 5,347 ft²
- Lot Size
- 22 × 130 ft (2,831 sq ft)
- Frontage
- 22 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $26,435.69/yr
- Listed
- 183 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 183 days on market, against an average age of 38 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Newmarket (Bristol-London) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3Y)
This home lists at $3,200,000, about 34.4× the local median household income of $93,000.
Carrying it typically needs a household income of about $625,072 (20% down, 25-yr amortization, stress-tested) — roughly 572% above the area median.
- Median household income
- $93,000
- Population
- 43,556
- Median age
- 45.6
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3Y)
Book a showing
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Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →$3,200,000
Newmarket
