691 701 Somerset Street West is one of Chinatown s most recognizable and identifiable commercial properties.
| Website: | https://www.nestseekers.com/4279992 |
|---|---|
| Address: | West Centre Town K1R 6P5 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | Pets Allowed |
Financials
Price:C4,800,000
($3,501,400)
(€2,972,700)
Annual Taxes:C64,475
Description
691-701 Somerset Street West is one of Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue, this investment represents the opportunity to own a fully tenanted building in a prestigious location. The site area for the property is 7,592 sf with a total of 14,324 rentable square feet over the first and second floors. Serviced with both an elevator and spiral staircase, the second floor provides a 7,327 sf unit, where the ground floor unit provides approximately 3,430 sf. Both units have executed 5-year leases in 2024. Three additional retail units on the ground floor are also leased. A 7,167 sf lower-level parking garage provides approximately 16 parking spots accessed from Cambridge Street North. The site also benefits from ample street parking and a parking lot to the west of the property.
Amenities
- Unknown
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |