244 Main Street S, Newmarket, ON L3Y 3Z5
$1,999,900
$1,999,900

244 Main Street S

Central Newmarket, Newmarket, York $1,999,900

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8 Baths
Public Garage
Zoning: UC-D1 Historic Downtown Zone
MLS®#:
N13078602
Property Type:
Commercial Retail
Property Style:
Area:
York
Community:
Central Newmarket
Taxes:
$22,000 / 2026
Added:
May 01 2026
Lot Frontage:
42.9
Lot Depth:
169.6
Status:
Active
Outside:
Year Built:
Brokerage:
COLDWELL BANKER THE REAL ESTATE CENTRE
Lot :

169

42

BIG LOT

Lot Irregularities:
75.15x6.07x91.11x49.5x169.6x42.94
Intersection:
Bookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale
Rooms:
Bedrooms:
Bathrooms:
8
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

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!

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

Insights

  1. Historic Significance: This property is located in Newmarket's Award-Winning Historic Downtown, offering a unique opportunity to own a piece of local history. Its heritage status ensures that the character of the building is preserved while allowing for new investment.
  2. Versatile Zoning: Zoned UC-D1, the property supports a wide range of uses including restaurants, retail, and cultural venues, making it an ideal investment for various business ventures or community-focused projects.
  3. Prime Location: Situated steps away from The Postmark Hotel and surrounded by vibrant hospitality offerings, this property benefits from high foot traffic and proximity to recreational areas like Fairy Lake and the Tom Taylor Trails, enhancing its appeal to potential patrons.

Neighborhood Overview

Complete neighborhood profile for 244 Main Street S

Central Newmarket home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Central Newmarket
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)