230 Browns Line - Storefront Retail/Office FOR SALE


Toronto, ON M8W 3T4- Alderwood
$6,750,000 CAD
905-917-2032
230 Browns Line, Toronto, ON for Sale
$6,750,000 CAD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

230 Browns Line
Toronto, ON M8W 3T4
Alderwood


HIGHLIGHTS

  • Steps from public transportation
  • Easy access to Gardiner/QEW/427

OVERVIEW

Opportunity to acquire a soon to be vacant 14,500 SF (including usable lower level) commercial/medical building on 1.14 acres with tremendous redevelopment potential. The Property is currently fully leased to a pharmacy and the renowned Galea Clinic with both leases set to expire in January 2025. The asset is perfect for a User seeking to acquire a unique building for their own business operation which also has significant future density upside. The Property is comprised of two floors above grade with a fully built out and usable level below grade. The vast amount of land at the rear of the building provides for a significant amount of parking, along with green space that can be used for potential expansion and/or outdoor activities by the future owner of the Property. Perfect for several uses including medical/office, school/daycare, place of worship, etc. Steps from the Gardiner/QEW/427, TTC and GO Station

FOR SALE DETAILS

PRICE

$6,750,000 CAD

PRICE/SF

$466 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

CR

APN/PARCEL ID

191901214003100

ASK ABOUT THIS PROPERTY

Sasha IschenkoLennard Commercial RealtyMore Info
905-917-2032

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Sasha IschenkoLennard Commercial RealtyMore Info
905-917-2032

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.