2,516 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:63476)
Business
|
Business Type |
Retail and Wholesale |
|
Business Sub Type |
Retail misc. |
Property Details
|
MLS® Number |
N13606700 |
|
Property Type |
Retail |
|
Community Name |
Old Markham Village |
|
Amenities Near By |
Public Transit, Recreation |
|
Equipment Type |
Water Heater |
|
Parking Space Total |
7 |
|
Rental Equipment Type |
Water Heater |
Building
|
Appliances |
Dryer, Microwave, Washer, Window Coverings |
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air, Baseboard Heaters |
|
Size Interior |
2,516 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Land Amenities |
Public Transit, Recreation |
|
Size Depth |
117 Ft |
|
Size Frontage |
49 Ft ,6 In |
|
Size Irregular |
49.5 X 117 Ft |
|
Size Total Text |
49.5 X 117 Ft |
|
Zoning Description |
Mu-hms |