149 Milvan Dr

LocationHumber Summit, M9L 1Z8
$4.495M For Sale
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Description

Fully leased two-unit industrial facility in North York on Milvan Drive between Steeles Avenue and Islington Avenue. Available for the first time in over 60 years. Very well maintained building consisting of 2 units each with multiple drive-in shipping doors. Flexible E1 zoning allows for many different business operations from warehousing and manufacturing to automotive uses. The building has 4 total drive-in doors with 2 doors measuring 10 feet by 10 feet and two doors measuring 10 feet by 12 feet. Large, fenced and paved rear yard offering the possibility of open storage. There are windows throughout the building including all office areas and warehouse areas. The property is 100% leased with leases expiring at the end of 2026 with vacant possession possible thereafter. Excellent opportunity for a future owner occupier with holding income. The building has functional office layouts spread over two floors, but is in need of some cosmetic updating. Each half of the building has approximately 2,000 sq. ft. of office space with approximately 3,150 sq. ft. of warehouse/manufacturing space for each unit.

Features

  • Business Type
    Category: Warehouse
  • Commercial Total Area
    Total Area: 10,330 sqft
  • Commercial Office Area
    Office Area: 4,320 sqft
  • Commercial Industry Area
    Industry Area: 6,010 sqft
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Commercial Ceiling Heights
    Clear Heights: 13
  • Vehicle Capacity
    Vehicle Capacity: 4

Details

  • Commercial Zoning
    Zoning: Employment in Nodes
  • Tax Amount
    Tax: $ 35,859
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    W12412469
  • Listing contracted with: ROYAL LEPAGE CREDIT VALLEY REAL ESTATE

Location



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