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SaleCommercial Retail

1025 Finch Avenue W

Toronto W05, ON M3J 2C7

Price

$146,000

Building Size

4,300 sq ft

MLS# W13597496 | Listed by ROYAL LEPAGE TERREQUITY REALTY

Business Details

Business Type

Automotive Related

Property Use

Multi-Use

Hours / Days

Open 6 Days

Franchise

No

Commercial Space & Financials

Retail Area

4,000 sq ft

Taxes (Annual)

$130,408.88

Property Description

Exceptional opportunity to take over an established automotive dealership location through lease assignment. **Business Corporation IS NOT FOR SALE** -only the leasehold interest and premises are being assigned. Located in a well-established automotive sales and service district with decades of industry presence, this property has operated as the same used car dealership for over 12 years, offering excellent exposure and a strong reputation within the local automotive community. The premises offer approximately **4,000 sq. ft. ** of space, including ** approximately 26 indoor vehicle spaces** and **7 exclusive outdoor parking spaces**. Functional layout features a management office, accounting office, small kitchen, 3-piece washroom, and ample workspace suitable for automotive sales or related uses. The property is equipped with **12 security cameras**, a monitored online security alarm system, and other operational improvements. The lease has been **recently renewed for a 5 -year term ending July 31, 2031**, with an **additional 5-year renewal option**, providing long-term stability for the new tenant (subject to landlord approval of the lease assignment). Excellent access to major highways and surrounded by well-known automotive dealerships, repair facilities, parts suppliers, and related businesses, making this an ideal location for automotive sales. A rare opportunity to secure a long-term location in one of the area's most recognized automotive corridors.

Price & Status History

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Listing Courtesy of: ROYAL LEPAGE TERREQUITY REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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