Avigdor Popay logoAvigdor Popay

$2,150,000

244 Main Street S, Newmarket, ON L3Y 3Z5

Newmarket

Bathrooms
8
Square feet
9,078
Type
Commercial Retail
AI summary
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About this listing

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!

Property details

Price per sqft
$237
Days on market
190 days
Property taxes
$21,328/yr

Payment calculator

$430,000 (20%)
%
Estimated payment
$9,520 /mo
Mortgage amount
$1,720,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 244 Main Street S, Newmarket, ON L3Y 3Z5

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MLS# N12468634

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

On market since Oct 17, 2025

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About 244 Main Street S, Newmarket, ON L3Y 3Z5

How much is 244 Main Street S, Newmarket, ON L3Y 3Z5?

244 Main Street S, Newmarket, ON L3Y 3Z5 is listed for $2,150,000 CAD.

How many bedrooms and bathrooms does 244 Main Street S, Newmarket, ON L3Y 3Z5 have?

244 Main Street S, Newmarket, ON L3Y 3Z5 has 8 bathrooms.

What type of property is 244 Main Street S, Newmarket, ON L3Y 3Z5?

244 Main Street S, Newmarket, ON L3Y 3Z5 is a Commercial Retail, 9,078 sq ft.

What neighbourhood is 244 Main Street S, Newmarket, ON L3Y 3Z5 in?

244 Main Street S, Newmarket, ON L3Y 3Z5 is in Newmarket, Ontario.

Is 244 Main Street S, Newmarket, ON L3Y 3Z5 for sale or for rent?

244 Main Street S, Newmarket, ON L3Y 3Z5 is currently for sale.

What are the property taxes on 244 Main Street S, Newmarket, ON L3Y 3Z5?

The annual property taxes on 244 Main Street S, Newmarket, ON L3Y 3Z5 are approximately $21,328 CAD.

How do I book a showing for 244 Main Street S, Newmarket, ON L3Y 3Z5?

Contact Alex Morgan at +16471112222 to arrange a private showing of 244 Main Street S, Newmarket, ON L3Y 3Z5 (MLS# N12468634). You can also send a message through the contact form on this site.