Matthew Tenk
Broker of Record
2847 Lake Shore Boulevard W Toronto (New Toronto), Ontario M8V 1H8
$7,550,000
MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only. (id:39551)
Property Details
| MLS® Number | W9244139 |
| Property Type | Business |
| Community Name | New Toronto |
Building
| Appliances | Furniture |
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 10988 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 61 Ft ,5 In |
| Size Irregular | 61.45 X 100 Ft |
| Size Total Text | 61.45 X 100 Ft |
| Zoning Description | Cr |
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Toronto Real Estate Board
International Realty Firm, Inc.
November 29 2024 09:35:13
