2
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$7,550,000
Est. payment /mo
10,988 SqFt
Active
2847 LAKE SHORE BOULEVARD W Toronto (new Toronto), ON M8V1H8
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,988 sqft
Price per Sqft $687
Subdivision New Toronto
MLS® Listing ID W9244138
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by INTERNATIONAL REALTY FIRM, INC.
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