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1680 Midland Avenue
Toronto E04, ON M1P 3C6
Price
$1,475,000
Building Size
2,749.86 sq ft
MLS# E12224270 | Listed by KELLER WILLIAMS ADVANTAGE REALTY
Business Details
Business Type
Warehouse
Property Use
Industrial Condo
Franchise
No
Commercial Space & Financials
Industrial Area
2,351.82 sq ft
Office / Apt Area
398.04 sq ft
Taxes (Annual)
$10,936.96
Industrial Specifications
Clear Height
13 ft
Parking
7 spaces (None)
Property Description
PRICE DECREASE with further potential to negotiate price. 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 zoning allowing for a variety of uses including automotive.
Price & Status History
Price history is locked
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Listing Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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