Unit 86 505 Highway 7 N/A E Markham ON L3T 7T1
$ 588,688

Listing ID

#N12043953

Property Type

Commercial Retail

County

York

Neighborhood

Commerce Valley

Days on website

36

Description
Level up your portfolio with this rare retail unit at the iconic Commerce Gate Plaza! Benefit from steady rental income from a long-term tenant operating a thriving bubble tea business. The unit faces the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant Pays Rent + TMI + All Utilities. Minimal Management Required. Lease Terms to Be Negotiated Upon Conditional Offer, Tenant to pay $80 per sq ft.
Location
Financial Information
List Price:  $ 588688
Taxes:  $ 2350
Property Features
Air Conditioning:  Yes
Garage Type:  Plaza
Heat Type:  Gas Forced Air Open
Lease:  For Sale
Sewers:  Sanitary+Storm
Sprinklers:  Partial
Utilities:  Yes
Listed By:     CENTURY 21 ATRIA REALTY INC.