Description
Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $165,000 in annual rental income (over $360,000 when combined with other listing MLS #N12107344, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS #N12107344. (Photos have been slightly altered to protect privacy of vendors.)
Features
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Category: Hospitality/Food Related
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Total Area: 1,758 sqft
- Retail Area: 1,758 sqft
- Parking Types: Underground
Details
- Zoning: Commercial
- Tax: $ 21,366
- Maintenance: $ 2,770
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- N12107338
- Listing contracted with: CENTURY 21 ATRIA REALTY INC.