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$ 588,688
Est. payment /mo
Price Dropped by $70K
505 Highway 7 N/A E #86 Markham, ON L3T 7T1
364 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 364 sqft
Price per Sqft $1,617
Subdivision Commerce Valley
MLS Listing ID N12043953
Annual Tax Amount $2,350
Tax Year 2024
Property Sub-Type Commercial Retail
Property 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
State ON
County York
Community Commerce Valley
Area York
Zoning Retail/Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by CENTURY 21 ATRIA REALTY INC.