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N5082040
$895,000

225-228-550 Highway 7 St E (Highway 7 & Leslie St)

Price: $895,000

Status: For Sale 

MLS®#: N5082040

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$895,000
  • Tax: $14,956.7/Annual (2020)
  • Maintenance:$42,996.12
  • Community:Beaver Creek Business Park
  • City:Richmond Hill
  • Type:Commercial
  • Style:Investment
  • Size: 2,345 Sq Ft
  • Garage:Underground

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

Description

One Of The Best Spots On The Second Floor. Exposure To The Intersection Of Highway 7 & Leslie With Approximately 80,000 Cars Per Day. Accessibility To The Unit With Escalator And Elevator. Purchase As An Investment Or Vacant And Use It For Your Own Business. Leased To April 30, 2021, For $21 Per Sf, Triple Net Lease With The Tenant Willing To Stay Long Term (Currently 5.3% Cap Rate With The Option To Increase). High Demand Times Square Complex.

Highlights

Incredible Build-Out Completed With Exposed Ceiling And Decor. Currently Designed As A Salon & Spa Studio With 20 Styling Chairs And 5 Washing Stations. In-Suite Washroom And The Possibility To Add Services.

Want to learn more about 225-228-550 Highway 7 St E (Highway 7 & Leslie St)?

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’

Taline Sagharian

Sales Representative

Royal LePage Your Community Realty, Brokerage

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Taline Sagharian

Taline Sagharian

Sales Representative

Royal LePage Your Community Realty, Brokerage

8854 Yonge St., Richmond Hill, ON, L4C 0T4

  Taline@RoyalLePage.ca

  (416) 522-8426

  (905) 731-2000
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