4300 Steeles Ave E

LocationMilliken Mills East, L3R 0Y5
$1.7M For Sale
Property Images
Property Images
Property Images

Description

Opportunity Knocks with tons of upside. 2,300+ sqft of Golden Foodcourt Space (when bought together with F28). Located at the best corner on the second floor of Pacific Mall. Enjoy the advantage of the tons of traffic right in front of the main escalator. Currently features 5 food-court stalls and 64 seats. Current Owner of 14 years wants to retire. VTB option available for new buyer. Tons of upside to be easily realized. Potential Cap rate can be easily 8% with a few tweaks for off-hand investors. Space can potentially be transformed and modernized for even more return for the owner-operator. This is not to be missed!

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 1,167 sqft
  • Commercial Retail Area
    Retail Area: 1,167 sqft
  • Commercial Parking Types
    Parking Types: Underground

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 23,090
  • Commercial Condo Maintenance
    Maintenance: $ 2,770
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    N12879858
  • Listing contracted with: CHESTNUT PARK REAL ESTATE LIMITED

Transit Accessibility

Milliken Go Train Station (0.5km)

Location



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