12 Main Street N, Markham, Ontario L3P 1X2

Listed for:
$2,200,000
0 beds
0 baths
Listed 21 days ago
12 Main Street N, Markham, Ontario L3P 1X2

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About

Cross Streets: Highway 7 / Main. ** Directions: The 3rd Building North of Highway 7 on the East side. 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. (id:27476)

Property Highlights

MLS® Number
N13606700
Type
Retail
Community Name
Old Markham Village
Land Size
49.5 x 117 FT
Parking Space Total
7

Building

Square Footage
2516 sqft
Amenities
Public Transit, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, Baseboard heaters
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
HOMELIFE BROADWAY REALTY INC.
MLS® number:
N13606700
Agent:
Manson Man-ngok Yau
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