Description
Excellent Investment Opportunity In The Heart Of Scarboroughs Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
Overview
Property ID:
E12139903
Type:
Investment
Square:
3,750 m²
Price:
$3,300,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Sq Ft Divisible
Cooling:
No
Heating:
Other
ParkingFeatures:
Plaza
YearBuilt:
16-30
TaxAnnualAmount:
18053.39
PossessionDetails:
Flexible
Map
-
AddressToronto E04
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