2847 Lake Shore Boulevard W , Toronto (New Toronto), ON M8V1H8
Toronto (New Toronto), ON M8V1H8
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:374)
Details
| Mls | W9244139 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 120 |
| Listing Provided By | INTERNATIONAL REALTY FIRM, INC. | DANNY SHVARTSMAN |
Features
| Sq Feet | 10,988 |
|---|---|
| Zoning | CR |
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Learn More About This Property
| State | ON |
|---|---|
| City | Toronto (New Toronto) |
| Zip Code | M8V1H8 |
| Listing VS Median (in M8V1H8) | |
Price: $7,550,000 low | high Med: $7,550,000 SqFt: 10,988 low | high Med: 10,988 $ / SqFt: $687 low | high Med: $687 On Site: 120 low | high Med: 120.000000 | |