$7,550,000

Commercial For Sale In New Toronto, Toronto (New Toronto), Ontario

$7,550,000

Property Information:

MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances:

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 61.4 Feet
  • Lot Size: 61.45 x 100 FT
  • Zoning: CR

Courtesy of: INTERNATIONAL REALTY FIRM, INC.

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