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136-140 Henderson Ave 2 Retail Properties Offered at $2,500,000 CAD in Markham, ON

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INVESTMENT HIGHLIGHTS

  • Corner Commercial/Retail Plaza
  • Ample Surface Parking
  • Natural Light
  • Potential for Redevlopment

EXECUTIVE SUMMARY

Great Investment Opportunity In Prime Thornhill! Corner Commercial/Retail Plaza With 2 Freestanding Mixed Use Buildings On Property. Very Busy Location With High Traffic Area. Few Existing Tenants And Good Income In-Place. Commercial And Residential Zoning Allows For Multiple Uses Of The Property. Lots of Available Parking, 2 Commercial/Retail Buildings With 3 Residential Apartments. Well Established Residential Neighborhood, Close To Yonge Street, Public Transportation, All Amenities, And 2 Schools Nearby. Recently Renovated Supermarket/Produce/Convenience Store, And Pet Grooming Are The Current Commercial Tenants. 3 Residential Apartments (1 Is Currently Vacant & Fully Renovated). Great Opportunity To Add Value, Increase Rents To Market Price, Generate Good Rental Income Or Run Your Own Business. Zoning Allows for Additions And Full Redevelopment. **** EXTRAS **** Lots Of Parking, Public Transit, Great Exposure & Large Daily Traffic. Great Rent Upside And Redevelopment Potential.

PROPERTY FACTS

Price $2,500,000 CAD
Price / SF $906.13 CAD / SF
Sale Condition Redevelopment Project
Cap Rate 4.88%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,759 SF
Total Land Area 0.25 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
136 Henderson Ave, Markham, ON L3T 2L5 Retail 2,117 SF 1965 -
140 Henderson Ave, Markham, ON L3T 2L5 Retail 642 SF 1980 -
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  • Listing ID: 31531326

  • Date on Market: 2024-04-17

  • Last Updated:

  • Address: 136-140 Henderson Ave, Markham, ON

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