74 Main Street, Newmarket (Central Newmarket) - Business for Sale
74 Main Street, Newmarket (Central Newmarket), Ontario, L3Y3Y6
Description
Looking To Own A commercial property with Stablished Business??? Look No further, Own The Building And The Business Or Own The building Sell The Business and Become The Landlord Sell The Business Separately And Collect Rent As A Landlord, An excellent well known pub/restaurant with huge elevated patio (Over 800 sqft) in the heart of historic main st. at Newmarket. More than 1.2 Million gross income yearly. Main floor can seat 51 people, second floor 65 and patio 49. This charming building has 2 bars (one at each floor) and you can run your business on both floors, throw functions on both or use them separately for 2 different functions at the same time. It provides you with steady income and the joy of running a successful business. Bose Sound System throughout. 12 BURG Beer control system, 2 BURG liquor control system, 7 tv's to watch sport events and 13 parking spots at the back. (id:66096)
Property Details
- MLS®
- N12868452
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Historic Downtown Urban Centre Zone- UC-D1
- Lot Size
- 66 × 164 ft (10,836 sq ft)
- Frontage
- 66 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $16,723.92/yr
- Listed
- 241 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 241 days on market, against an average age of 70 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 30 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Newmarket (Central Newmarket) 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 $2,580,000, about 27.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $503,964 (20% down, 25-yr amortization, stress-tested) — roughly 442% 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)
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$2,580,000
Newmarket