Stabilized mixed use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.
| Website: | https://www.nestseekers.com/5450237 |
|---|---|
| Address: | Markham L3R 2E7 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bathrooms: | 2 |
Financials
Price:C2,080,000
($1,528,300)
(€1,305,700)
Annual Taxes:C8,368
Description
Stabilized mixed-use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.This income-producing asset features a ground-floor restaurant space and a self-contained residential unit above, both currently leased with stable tenants, Resturant tenant is owned by a fast growing burger chain, offering reliable and diversified cash flow. with total approx $8900/mth income, The property presents a competitive blended cap rate consistent with comparable prime mixed-use assets in the area.Excellent exposure within a well-established commercial corridor with high pedestrian and vehicular traffic.An ideal opportunity for investors seeking long-term hold, defensive income, and future upside in a high-demand, mature commercial node.
Amenities
- Available
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |