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$ 1,475,000
Est. payment | /mo
2 Baths
2,869 SqFt
$ 1,475,000
Est. payment | /mo
2 Baths
2,869 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,869 sqft
Price per Sqft $514
Subdivision Dorset Park
MLS® Listing ID E12224300
Source Toronto Regional Real Estate Board
Property Description
Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E12224270)* PRICE DECREASE with further potential to negotiate price. This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. The current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp with current zoning allowing for a variety of uses including automotive. Floor plans available upon request. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Sewer Sanitary sewer
Listed by KELLER WILLIAMS ADVANTAGE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "