Shawn Priestman
Sales Representative
48 Prospect Street, Central Newmarket
Price
$2,500,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
10434 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$17000
Description
This industrial space offers a rare combination of functionality, flexibility, and efficiency, making it an outstanding opportunity for businesses seeking well-appointed industrial premises. Featuring an impressive 18-foot clear ceiling height, the unit provides generous vertical space to accommodate racking systems, production equipment, or storage requirements with ease. The property is equipped with updated electrical service, supporting a range of light to medium industrial operations. Two convenient drive-in shipping doors allow for seamless loading and unloading, enhancing operational flow and logistics efficiency. In addition to the expansive industrial area, the unit includes a practical office component, ideal for administrative functions, client meetings, or management oversight while maintaining clear separation from the warehouse floor. The open and adaptable layout is well-suited for manufacturing, warehousing, assembly, distribution, and related industrial uses. Strategically designed for productivity and scalability, this space offers businesses the infrastructure needed to operate efficiently and grow confidently. Please note that automotive repair and mechanic shop uses are not permitted. A detailed list of approved uses is available in the attached documentation. Pictures cleaned with AI
Property History
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Mortgage Calculator
Total Monthly Payment
$10,398 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,000,000
Total Interest Payments
$1,233,122
Total Payment (Principal + Interest)
$3,233,122
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Shawn
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.