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$ 2,999,000
Est. payment | /mo
$ 2,999,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26016624
Year Built 1950
Property Sub-Type Freehold
Property Description
Prime Commercial Investment & Development Opportunity -Exceptional opportunity to acquire a high-exposure commercial property on one of the busiest corridors in the City. Situated on over 1.7 acres of HC1-zoned land, this property offers outstanding visibility, excellent accessibility, and tremendous long-term development potential. The property features an approximately 8,700 sq. ft. fully leased commercial building comprised of four retail storefronts, providing an excellent rate of return with immediate income. The building underwent an extensive modernization approximately four years ago, offering updated finishes and minimizing future capital expenditures. With dual access points from St. Clair Street and Gregory Drive, ample on-site parking, and a substantial amount of excess land, the possibilities for expansion, redevelopment, or additional commercial uses are virtually endless (subject to applicable approvals). Ideally positioned near major national retailers and high-traffic commercial amenities, this is a rare opportunity for investors, developers, or owner-users seeking a premier commercial asset in a thriving location. All scheduled appointments are to be within business hours. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX PREFERRED REALTY LTD.
Nearby Locations
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