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$7,550,000
Status: OFF MARKET
MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block.
| Property Type | :Commercial |
|---|---|
| MLS Number | :W9244139 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Dec, 2024 (353 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Postal Code | :
M8V 1H8
|
| Price | : $7,550,000 |
|---|---|
| Property Taxes | :$39992.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Fourth St |
|---|
| Fireplace/Stove | :No |
|---|
07 Aug, 2024
TREB #W9244138
Available
$7550000.0
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