3
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$588,688
Est. payment /mo
364 SqFt
Price Dropped by $70K
505 Highway 7 N/A E #86 Markham, ON L3T 7T1
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 364 sqft
Price per Sqft $1,617
Subdivision Commerce Valley
MLS Listing ID N12043953
Condo Fees $560
Annual Tax Amount $2,350
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Level up your portfolio with this rare retail unit at the iconic Commerce Gate Plaza! Benefit from steady rental income from a long-term tenant operating a thriving bubble tea business. The unit faces the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant Pays Rent + TMI + All Utilities. Minimal Management Required. Lease Terms to Be Negotiated Upon Conditional Offer, Tenant to pay $80 per sq ft.
Location
Province ON
County York
Community Commerce Valley
Area York
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by CENTURY 21 ATRIA REALTY INC.