Owner Retiring from Rentals - Over 7% Rate of Return on Investment - 3 units (1392sqft) Adjacent units with large footprint in mall and Sold together as one transaction. Turnkey Commercial Investment and Truly Care-Free Landlord/Tenant situation. 2 years remaining on Lease with rent escalation next year. Each Unit has a rear door to a hallway and shipping area to the outside. Units 46/47 open concept and could be changed back to separate units upon lease expiration - Unit 48 separate - 3 parking spaces underground.
MLS# | N8260562 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 203 |
Listing Provided By | COLDWELL BANKER THE REAL ESTATE CENTRE | NORN MILES |
Zoning | commercial |
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Province | ON |
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County | Richmond Hill |
City | Richmond Hill |
Postal Code | L4B 3P2 |
Area | York |
Community Name | Beaver Creek Business Park |
Listing VS Median (in Beaver Creek Business Park) | |
Price: $411,080 low | high Med: $0 On Site: 203 low | high Med: |