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New · Listed May 4, 2026 · 178 days on market

244 Main Street S, Newmarket, ON L3Y 3Z5

$1,999,900

Commercial · Commercial Retail · 9078 sq ft · For Sale

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!

Property summary

TypeCommercial
SubtypeCommercial Retail
Business typeOther
Building area9078 Square Feet
Bathrooms8
Lot size42.9 × 169.6 ft
Taxes$22,000 / yr
GaragePublic
PossessionOther
OccupantOwner
Property
Lot size0.175
Lot width42.9
Lot depth169.6
Lot shapeRectangular
Building & Loading
Clear height (ft)17
Clear height (in)6
Power & Services
Heating typeGas Forced Air Closed
SewerSanitary+Storm
UtilitiesYes
Residential
Bathrooms8
GaragePublic
Zoning & Taxes
Taxes / yr$22,000
Tax year2026
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Data provided by TRREB. Listed by COLDWELL BANKER THE REAL ESTATE CENTRE.

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