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Toronto C08, ON M5A 1K9
Price
$1,699,999
Building Size
2,045 sq ft
MLS# C13696198 | Listed by KAIZEN CAPITAL REALTY PARTNERS
Business Details
Business Type
Health & Beauty Related
Property Use
Retail
Commercial Space & Financials
Retail Area
715 sq ft
Office / Apt Area
1,330 sq ft
Taxes (Annual)
$14,808.46
Industrial Specifications
Lot Size
16.14' × 53.25'
Property Description
A rare opportunity to acquire a prominent mixed-use commercial property along King Street East in the heart of Toronto's historic Corktown neighbourhood. Strategically positioned near King and Parliament, the property sits at the convergence of Corktown, the Distillery District, St. Lawrence Market and Toronto's rapidly evolving eastern downtown core.The property offers excellent exposure along one of the city's most recognizable east-west corridors, surrounded by established residential neighbourhoods, ongoing condominium development, restaurants, retail, employment and some of Toronto's most popular cultural destinations.Adding to its long-term investment appeal is the future Distillery District Station on the Ontario Line, currently under construction nearby at King Street East and Berkeley Street. The surrounding area is planned for significant transit-oriented intensification, bringing thousands of additional residents, improved transit connectivity and increased pedestrian activity to an already dynamic neighbourhood.With strong street presence, commercial income potential and flexibility for a variety of ownership strategies, the property presents an attractive opportunity for an investor, entrepreneur or owner-user seeking a foothold in Downtown Toronto.Character commercial properties of this scale and location are increasingly difficult to acquire. Whether positioned as a long-term income-producing investment, an owner-occupied business location or an asset benefiting from continued neighbourhood growth and major transit investment, this is a compelling opportunity to invest in one of Downtown Toronto's most strategically located and evolving districts.
Price & Status History
Price history is locked
Location
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398 King Street E, Toronto C08 M5A 1K9
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Listing Courtesy of: KAIZEN CAPITAL REALTY PARTNERS
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