5775 Highway 7 E, Markham, Ontario L3P 1A5

Listed for:
$2,950,000
0 beds
0 baths
Listed 58 days ago
5775 Highway 7 E, Markham, Ontario L3P 1A5

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Learn more about this property
Listing provided by:
HOMELIFE/BAYVIEW REALTY INC.
MLS® number:
N12418230
Agent:
Latif Merali
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About

Cross Streets: Hwy 7/Ovida. ** Directions: Hwy 7/East of Galsworthy. Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022. (id:27476)

Property Highlights

MLS® Number
N12418230
Type
Retail
Community Name
Bullock
Land Size
Unit=50 x 212 FT

Building

Square Footage
1800 sqft
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale