1680 Midland Ave
Description
Industrial Condo Warehouse For Sale
Gallery
Details
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Property ID 2436
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Price Price on call
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Property Type Commercial
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Property Label For Sale
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Location: Dorset Park, Toronto
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Industrial Area: 2,351.82 Sq Ft
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Office Area: 398.04 Sq Ft
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Total Area: 2,749.86 Sq Ft
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Units: Multiple Units Available
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Zoning: E 0.7 (x192)
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Primary Intersections: Midland Avenue & Ellesmere Rd
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About This Property: 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. The 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 with current zoning allowing for a variety of uses including automotive.