10988 sqft
Fully Air Conditioned
Forced Air
$7,550,000
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. **** EXTRAS **** 1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only. (id:31697)
Property Details
MLS® Number
|
W9244138 |
Property Type
|
Retail |
Community Name
|
New Toronto |
Building
Appliances
|
Furniture |
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
SizeInterior
|
10988 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
100 Ft |
SizeFrontage
|
61 Ft ,5 In |
SizeIrregular
|
61.45 X 100 Ft |
SizeTotalText
|
61.45 X 100 Ft |
ZoningDescription
|
Cr |
https://www.realtor.ca/real-estate/27264323/2847-lake-shore-boulevard-w-toronto-new-toronto-new-toronto