LOADING

12 Main Street N Markham (Old Markham Village), Ontario L3P 1X2

2516 sqft
Fully Air Conditioned Forced Air, Baseboard Heaters

$2,200,000

THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today. (id:34426)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number N13606700
Property Type Retail
Community Name Old Markham Village
AmenitiesNearBy Public Transit, Recreation
EquipmentType Water Heater
ParkingSpaceTotal 7
RentalEquipmentType Water Heater

Building

Appliances Dryer, Microwave, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air, Baseboard Heaters
SizeInterior 2516 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Recreation
SizeDepth 117 Ft
SizeFrontage 49 Ft ,6 In
SizeIrregular 49.5 X 117 Ft
SizeTotalText 49.5 X 117 Ft
ZoningDescription Mu-hms

https://www.realtor.ca/real-estate/30080409/12-main-street-n-markham-old-markham-village-old-markham-village

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found