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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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244 Main Street S Newmarket
For SaleNewmarket

244 Main Street S Newmarket, Commercial Retail for Sale

MLS® N12468634

Newmarket, ON

386 days on market
$2,150,000
Show on Map
Show on Map
N/ABeds
8Baths
9,078Sqft
N/AParking
Commercial Retail

Overview· 244 Main Street S Newmarket

MLS® #N12468634

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

Inclusions

Full Legal Description: PT LT 73 & 74, PL 81, PTS 1 & 2 65R23448, NEWMARKET. S/T EASE OVER PT 1 65R23448 AS IN R361876 & B12790B. T/W EASE ASIN R361876

Broker

COLDWELL BANKER THE REAL ESTATE CENTRE

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Walk Score®94Walker's ParadiseWalker's Paradise
Transit Score®43Some TransitSome Transit
Bike Score®71Very BikeableVery Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 244 Main Street S Newmarket

Source: MLS® listing data
244 Main Street S Newmarket

Commercial Retail

244 Main Street S Newmarket

Newmarket

Type

Commercial Retail

Parking

Public

Property Tax

~$21,328/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

9078 sqft

Parking

Public

Finances

List Price

$2,150,000

Price per SQFT

$237/sqft

Property Tax

~$21,328/yr

Property Specs

Property Type

Commercial Retail

MLS Size

9078 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Newmarket

Property Manager

Nil

Listed On

Oct 16, 2025

Public Transit

Recreation/Community Centre

Price & Listing History

Days on Market

Current: 386 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$8,648/mo
Property Tax$1,777/mo
Total Monthly$10,425

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0