1680 Midland AVE #5 Active

Toronto (dorset Park),ON M1P3C6

$ 1549000

- Bed

2 Baths

2749 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,749 sqft

Price per Sqft $563

Subdivision Dorset Park

MLS Listing ID E8442878

Originating Board Toronto Regional Real Estate Board

Property Description

*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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. 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 and currently zoned as a Vehicle Service Shop with floor plans available upon request. (id:24570)

Location

Province ON

Interior

Heating Other

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 7

Private Pool No

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