244 Main Street

Newmarket, ON

8 bath • 9,078 sqft • Commercial Retail • 119 days on market

$1,999,900

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!

Listing Details

Taxes (2026): $22,000
Listed: May 1, 2026

Price History

Listing history

Property

Lot Size: 42.9 x 169.6 Feet

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Bookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale
Zoning: UC-D1 Historic Downtown Zone
Parcel Number: 036060163
Possession: Other

Commercial

Business Type: Other
Occupancy: Owner
Office / Apartment Area: 100 %

Included

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

Community

Postal area L3Y

Population: 43,556
Private dwellings: 17,365
Median age: 45.6
Average household size: 2.5
Median household income: $93,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Newmarket · last 12 months

Median sold price: $930,000
Homes sold: 854
Median days on market: 21
Sale-to-list price: 98.0%

Based on 854 recorded sales of commercial properties in Newmarket over the last 12 months.

Listed by

COLDWELL BANKER THE REAL ESTATE CENTRE

Commercial figures

Building area: 9,078 sq ft
Price per sq ft: $220.30
Annual property tax: $22,000
Tax per sq ft: $2.42

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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