Commercial Property For Sale–prime Downtown Toronto Location

Description

Property type: ground-floor commercial condominium

Location: Downtown Toronto, Ontario

Sale type: commercial real estate sale

Property

Total area: approximately 3,280 sq. ft.

Floor level: ground floor

Building type: established high-rise building

Street frontage: wide

Visibility: high

Customer traffic: high

Configuration

Original unit configuration: 3 separate units

Individual access doors: 3

Subdivision: possible

Multiple-tenant use: possible

Alternative commercial uses: possible

Occupancy options

Sale with existing tenant: available

Sale with vacant possession: available

Owner-operator use: possible

Investment information

Potential capitalization rate with existing tenant: approximately 7%

Rental income option: available

Potential buyers

• Commercial real estate investors
• Owner-occupiers
• Business operators
• Buyers seeking multi-tenant commercial space