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200 Main Street Newmarket, Ontario L3Y 1R1

4 Bathroom
Fully Air Conditioned Forced Air

$295,000

Discover A Rare Opportunity To Own And Operate An Exceptional Commercial Property In The Heart Of Newmarket's Main Street District. This 2,500 Sqf Corner Lot Property Features Two Unique Adjoining Units, Each With Its Own Separate Entrance, Liquor License, And Distinct Character, Connected By An Internal Passageway That Allows Both Spaces To Be Seamlessly Combined For A Larger Unified Concept. The Property Is Being Offered For Sale As One Large Commercial Unit, Providing Unlimited Creative Potential For A Restaurant, Café, Entertainment Venue, Or Retail Concept. The First Unit Currently Operates As A Comic Book Retail And Bar/Lounge Hybrid With A Cozy Bar, Stools, Sofa, And Lounge Seating, While The Second Unit Features A Full Kitchen, Bar, And High-Top Tables, Ideal For A Food And Beverage Operation. Together, The Property Holds An LLBO License For 95 Patrons (75 Indoor And 20 Patio) And Showcases Outstanding Architectural Charm With High Ceilings, Exposed Brick Walls, Oversized Pine Board Flooring, And Large Transom WindowsThat Fill The Space With Natural Light. Situated On A High-Visibility Corner With Dual Street Exposure-Main Street Frontage And A Side Street Entrance-This Property Benefits From Strong Pedestrian Traffic Year-Round, Enhanced By Newmarket's Many Seasonal Events And Festivals. Rent Including TMI Is $7,500/Month, With The Current Lease Expiring In May 2027 And A 5 + 5 Year Option To Renew. Perfect For Entrepreneurs And Investors Alike, This Is A One-Of-A-Kind Opportunity To Bring Your Vision To Life In One Of Newmarket's Most Vibrant And Desirable Commercial Destinations. (id:60365)

Business

BusinessType Restaurant
BusinessSubType Bar/tavern

Property Details

MLS® Number N12531768
Property Type Business
Community Name Central Newmarket
EquipmentType Water Heater, Washer(s)
RentalEquipmentType Water Heater, Washer(s)

Building

BathroomTotal 4
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
UtilityWater Municipal Water

Land

Acreage No
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29090612/200-main-street-newmarket-central-newmarket-central-newmarket

Malous Jodairy
Salesperson


Homelife/bayview Realty Inc.
505 Hwy 7 Suite 201
Thornhill, Ontario L3T 7T1

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