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$ 2,200,000
Est. payment /mo
Active
12 Main ST N Markham, ON L3P 1X2
2,516 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $874
Subdivision Old Markham Village
MLS Listing ID N13606700
Annual Tax Amount $18,277
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 49.5
Lot Depth 117.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://drive.google.com/file/d/1oFUblDovUZ1o7gSOk8XolNMBkJWM_Ye0/view?usp=drivesdk
Listed by HOMELIFE BROADWAY REALTY INC.