$2,150,000
FOR SALE

Commercial/Retail

Lot: 42.9 x 169.6 ft
2024 Taxes: $21,328.29

244 Main St S
Newmarket, ON L3Y 3Z5 | Central Newmarket | York

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!
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Listed By COLDWELL BANKER THE REAL ESTATE CENTRE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N12468634
Last Updated May 03, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 036060163
Legal Description PT LT 73 & 74, PL 81, PTS 1 ** See Remarks
Possession Date Owner Flexible But Prefer Spring/Summer 2026
Taxes (2024) $21,328.29
Directions/Cross Streets Bookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale
Neighbourhood Central Newmarket
Area York
Price History

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Detailed Information
Freestanding Y
Bathrooms 8
Lot 42.9 x 169.6 ft
Air Conditioning Yes
Basement Basement
Garage Type Public
Heat Type Gas Forced Air Closed
Sewers Sanitary+Storm
Survey Y

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