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$ 2,690,000
Est. payment /mo
Active
48 Prospect ST #A&B Newmarket, ON L3Y 3S9
10,434 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,434 sqft
Price per Sqft $257
Subdivision Central Newmarket
MLS Listing ID N12941634
Annual Tax Amount $17,204
Tax Year 2026
Property Sub-Type Industrial
Property Description
This exceptional 10434 sq. ft. offers a rare blend of functionality, flexibility, and efficiency-ideal for a wide range of industrial users. Featuring 18-foot clear ceiling height, the unit provides ample vertical capacity for racking, equipment, or storage. Updated electrical service supports light to medium industrial operations, while two drive-in shipping doors ensure seamless logistics and operational flow.A dedicated office area allows for administrative use and client interaction, with clear separation from the warehouse floor. The layout is open and adaptable, suitable for manufacturing, warehousing, assembly, and distribution.An additional residential component above the office offers flexible use as either office space or living quarters.Full list of permitted uses available, there is also a residential component above office that can be used as additional office as well as residential. phase 1 and 2 have been completed and its clean for Mortgage. Seller may entertain VTB. Floor plan is attached. Apx 8 parking space in the back. Playground. Potential CMHC rental development
Location
Province ON
County York
Area York
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 66.0
Lot Depth 148.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.