Toronto, ON M1P3C6 5 - 1680 MIDLAND AVENUE
$1,549,000
Presented By: KELLER WILLIAMS ADVANTAGE REALTY
Home Details
*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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 zoned as a Vehicle Service Shop with floor plans available upon request. (id:7434)
Presented By: KELLER WILLIAMS ADVANTAGE REALTY
Interior Features for 5 - 1680 MIDLAND AVENUE
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther
General for 5 - 1680 MIDLAND AVENUE
Building TypeWarehouse
Business Sub TypeWarehouse
Business TypeIndustrial
CommunityNameDorset Park
Location DescriptionMidland Ave & Ellesmere Rd
Parking Space Total7
Property TypeIndustrial
Zoning DescriptionE 0.7 (x192)
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty