Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022. (id:52316)
HOMELIFE/BAYVIEW REALTY INC.
$2,950,000
5775 HIGHWAY 7 E, Markham, Ontario
Property
MLS® Number: N12418230
Address: 5775 HIGHWAY 7 E
City: Markham
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
Travel and Neighbourhood
84/100Walk Score®
Very Walkable
Location
