Sales Representative
Price
$295,000
Bedrooms
Not listed
Bathrooms
4 Baths
Size
Not listed
Year Built
Not listed
Property Type
Commercial
Property Taxes
Not listed
Discover A Rare Opportunity To Own And Operate An Exceptional Commercial Property In The Heart Of Newmarket's Main Street District. This 2,500 Sqf Corner Lot Property Features Two Unique Adjoining Units, Each With Its Own Separate Entrance, Liquor License, And Distinct Character, Connected By An Internal Passageway That Allows Both Spaces To Be Seamlessly Combined For A Larger Unified Concept. The Property Is Being Offered For Sale As One Large Commercial Unit, Providing Unlimited Creative Potential For A Restaurant, Café, Entertainment Venue, Or Retail Concept. The First Unit Currently Operates As A Comic Book Retail And Bar/Lounge Hybrid With A Cozy Bar, Stools, Sofa, And Lounge Seating, While The Second Unit Features A Full Kitchen, Bar, And High-Top Tables, Ideal For A Food And Beverage Operation. Together, The Property Holds An LLBO License For 95 Patrons (75 Indoor And 20 Patio) And Showcases Outstanding Architectural Charm With High Ceilings, Exposed Brick Walls, Oversized Pine Board Flooring, And Large Transom WindowsThat Fill The Space With Natural Light. Situated On A High-Visibility Corner With Dual Street Exposure-Main Street Frontage And A Side Street Entrance-This Property Benefits From Strong Pedestrian Traffic Year-Round, Enhanced By Newmarket's Many Seasonal Events And Festivals. Rent Including TMI Is $7,500/Month. Perfect For Entrepreneurs And Investors Alike, This Is A One-Of-A-Kind Opportunity To Bring Your Vision To Life In One Of Newmarket's Most Vibrant And Desirable Commercial Destinations.
Access detailed sale and tax history information
Total Monthly Payment
$1,060 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$236,000
Total Interest Payments
$145,509
Total Payment (Principal + Interest)
$381,509
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.
