Excellent Investment Opportunity In The Heart Of Scarboroughs Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants. (id:4069)
Address
20 SHERRY ROAD
List Price
$3,300,000
Property Type
Industrial
Area
Ontario
Sub-Area
Toronto (clairlea Birchmount)
Floor Area
3,750 Sq. Ft.
Lot Size
73.25 x 177.69 FT Sq. Ft.
MLS® Number
E12139903
Listing Brokerage
PROPERTY.CA INC.
Postal Code
M1L4J5
Zoning
Commercial
