Old Markham Village, L3R 2E7
Description
Stabilized mixed-use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.This income-producing asset features a ground-floor restaurant space and a self-contained residential unit above, both currently leased with stable tenants, Resturant tenant is owned by a fast growing burger chain, offering reliable and diversified cash flow. with total approx $8900/mth income, The property presents a competitive blended cap rate consistent with comparable prime mixed-use assets in the area.Excellent exposure within a well-established commercial corridor with high pedestrian and vehicular traffic.An ideal opportunity for investors seeking long-term hold, defensive income, and future upside in a high-demand, mature commercial node.
Features
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Category: Other
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Total Area: 1,966 sqft
- Retail Area: 1,000 sqft
- Total Parkings: 3
- Parking Types: Lane
- Bathrooms: 2
- Clear Heights: 12
Details
- Zoning: Commercial
- Tax: $ 8,368
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- N13076900
- Listing contracted with: RE/MAX REALTRON REALTY INC.
