$4,500,000

Commercial For Sale In Langstaff, Richmond Hill (South Richvale), Ontario

$4,500,000

Property Information:

Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. **** EXTRAS **** The adjacent land is also for sale N8477584 (id:27)

Building Features:

  • Style: Industrial
  • Air Conditioning: Yes
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Industrial
  • Irregular: Yes
  • Lot Depth: 165.1 Feet
  • Lot Frontage: 200.0 Feet
  • Lot Size: 200 x 165.16 FT
  • Zoning: M1 Industrial

Courtesy of: RE/MAX ELITE REAL ESTATE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.