1208 Gorham ST #5&6 new

Newmarket,ON L3Y 8Y9

$ 700000

- Bed

- Bath

5594 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,594 sqft

Price per Sqft $125

Subdivision Newmarket Industrial Park

MLS Listing ID N12444824

Annual Tax Amount $15,340

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Exceptional opportunity to acquire a well-established and profitable automotive franchise business (without property) located in the heart of Newmarket's premier industrial corridor. Operating continuously since 2014, the business features a strong brand presence, exclusive referral relationships with two major insurance providers, and a loyal, growing customer base. The 5,594 sq. ft. combined industrial condo (Units 5 & 6) offers 18' clear height, two grade-level drive-in doors, office space, and a partial sprinkler system. The operation benefits from a stable long-term lease with favourable terms. Zoned EG-12, supporting a wide range of permitted uses, and ideally situated with excellent access to Hwy 404, GO Transit, and major arterials. A rare, turn-key investment offering solid operational income, secure tenancy, and long-term growth potential.

Location

Province ON

County York

Community Newmarket Industrial Park

Area York

Interior

Heating Yes

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 48.0

Lot Depth 115.0

Building

Lot Description Irregular Lot

Others

Security Features Yes

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