Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Free-Standing Industrial Building Offers Approx. 2.33 Acres. Of Land With Multi-Tenant Spacse With Approx. 20-Foot Clear Height. Featuring Multiple Motor Vehicle Service Units, Office Units, And Retail Spaces. Each Unit Includes Multiple Large Drive-In Doors All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate You Won't Find Anywhere Else, And Significant Upside For Future Income Growth With The Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, 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. (id:64876)
| MLS® Number | E12805042 |
| Property Type | Industrial |
| Community Name | Clairlea-Birchmount |
| Amenities Near By | Public Transit |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2 Acres |
| Type | Multi-tenant Industrial |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Size Depth | 461 Ft ,2 In |
| Size Frontage | 187 Ft |
| Size Irregular | 2.33 |
| Size Total | 2.33 Ac |
| Size Total Text | 2.33 Ac |
| Zoning Description | Commercial |
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