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. (id:52316)
KELLER WILLIAMS ADVANTAGE REALTY
$1,475,000
5 - 1680 MIDLAND AVENUE, Toronto, Ontario
2 Bathrooms
Property
MLS® Number: E12224270
Address: 5 - 1680 MIDLAND AVENUE
City: Toronto
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 7
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Property Sale History
Travel and Neighbourhood
72/100Walk Score®
Very Walkable
Location
