30-32 Main Street South, Newmarket (Central Newmarket), Ontario, L3Y3Y3




$6,199,999
Newmarket
This retail property in Newmarket is for sale offering roughly 8,854 sq ft of space.
Exceptional investment opportunity featuring a well-maintained mixed-use commercial plaza with stable and diversified income. The property consists of four retail units on the main floor, three bachelor-style office suites, and three professional two-room office units on the upper level. All units are fully occupied with established tenants and sustainable lease agreements in place, providing reliable cash flow for investors.Each unit is separately metered for utilities and is equipped with its own independent HVAC system, minimizing landlord expenses and simplifying property management. The property has been well maintained and offers an attractive tenant mix in a desirable commercial location.An ideal turnkey investment with strong income stability, low operating complexity, and excellent long-term potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 140 days on market, against an average age of 72 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 retail in Newmarket (Central Newmarket) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $6,199,999, about 66.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $1,211,077 (20% down, 25-yr amortization, stress-tested) — roughly 1202% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3Y)
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