Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# N13078602

244 Main Street S, Newmarket, ON L3Y 3Z5

Newmarket, ON L3Y 3Z5

$1,999,900 Est. $8,494/mo · 20% down, 25-yr, 4.09%
8Baths
43 × 170 ftLot
Commercial RetailType

About this property

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 Summary

Property TypeCommercial Retail
Community NameCentral Newmarket
Land Size42.9 x 169.6 ft
Annual Property Taxes$22,000.00
Tax Year2026
Parking TypePublic Garage

Building details

Bathrooms / washrooms8
Property typeCommercial Retail

Lot & land

Lot dimensions43 × 170 ft
Lot frontage43 ft
Lot depth170 ft

Interior Features

InclusionsFull 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

Building Features

StyleCommercial Retail
Fire ProtectionNo

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Closed

Utilities

Utility SewerSanitary+Storm

Parking

Parking TypePublic Garage

Taxes & fees

Annual taxes$22,000 (2026)

Listing history

On market sinceMay 1, 2026

Location

Newmarket, ON L3Y 3Z5
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
244 Main Street S, Newmarket, ON L3Y 3Z5