20 SHERRY ROAD new

Toronto (clairlea-birchmount),ON M1L4J5

$ 3300000

- Bed

- Bath

3750 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $880

Subdivision Clairlea-Birchmount

MLS Listing ID E12139903

Originating Board Toronto Regional Real Estate Board

Property Description

Excellent Investment Opportunity In The Heart Of Scarboroughs Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Other

Exterior

Parking Features No

View Y/N No

Private Pool No

View More
Favorite Go Tour