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$ 2,488,000
Est. payment /mo
Active
505 Hwy 7 N/A E #54-56-58 Markham, ON L3T 7T1
2,979 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,979 sqft
Price per Sqft $835
Subdivision Commerce Valley
MLS Listing ID N12157200
Annual Tax Amount $12,154
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Rare Commercial Retail Offering at 505 Highway 7 East, Units 54-56-58. An outstanding opportunity to acquire three combined commercial retail units in one of the most sought-after retail corridors in the area. Currently occupied by Kinto Ramen, a well-established tenant providing stable income and sustainable net operating income.Located at the highly visible intersection of Highway 7 and Commerce Valley, the property benefits from steady foot traffic driven by dining, banking, and recreational activities. Positioned within a bustling plaza, it enjoys excellent exposure and accessibility.The property features:-BC Zoning-Strong long-term tenant providing consistent rental income-Shared plaza parking with high customer turnoverThis is a rare opportunity to secure a trophy retail asset in a high-demand location with a proven income stream and long-term value.
Location
State ON
County York
Community Commerce Valley
Area York
Zoning BC
Interior
Cooling Yes
Inclusions 3 Existing heat pumps installed on the ceiling.
Exterior
Utilities Available Available
Others
Security Features Yes
Listed by CAPITALPLUS GROUP REALTY INC.