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$ 2,988,000
Est. payment | /mo
4,150 SqFt
$ 2,988,000
Est. payment | /mo
4,150 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $720
Subdivision Central Newmarket
MLS Listing ID N12429810
Annual Tax Amount $24,698
Tax Year 2025
Property Sub-Type Investment
Property Description
Commercial lot close to quant downtown Newmarket. Currently occupied by Chiropractic office and car wash. Buildings total 4150 s.f. Good income and good future potential to redevelop. Site can accommodate 18- 3 story back to back townhouses with rezoning and OPA. Or redevelop with retail or office uses in this high traffic area close to Yonge Street and downtown village of Newmarket. Current net income from 1650 sf Chiropractor and 2500 s.f. 6 bay car wash is about $162,000/year. Owner of the property runs the car wash so new owner can do same or lease it.
Location
Province ON
County York
Community Central Newmarket
Area York
Zoning CS Service Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 196.29
Lot Depth 90.0
Others
ParcelsYN No
Listed by ED LOWE LIMITED
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