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



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 | Status | Active |
| Price / SF | $906.13 CAD / SF | Number of Properties | 2 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 4.88% | Total Building Size | 2,759 SF |
| Sale Type | Investment | Total Land Area | 0.25 AC |
| 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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136-140 Henderson Ave
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