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Investment Highlights
- Prime High-Traffic Location
- Additional Income Potential
- Flexible Multi-Use Layout
Executive Summary
HIGH-VISIBILITY COMMERCIAL PROPERTY LOCATED JUST OFF I-94/CHICAGO SKYWAY ALONG THE BUSY ROUTE 6 / 162ND STREET COMMERCIAL CORRIDOR!
Ideal opportunity for investors, owner-users, or developers looking to capitalize on a strategically located commercial site in a heavily traveled corridor surrounded by established businesses and strong commuter traffic. Excellent visibility and branding potential for a variety of commercial uses.
Property features an open-concept first floor with restroom, along with a unique loft-style upper level featuring two offices and an additional restroom. The upper level provides additional usable space with potential for office expansion, private suites, storage, creative workspace, or an additional income-producing opportunity depending on use and municipal approval. Elevator access provides added convenience and handicap accessibility.
Currently operating as a salon, the property offers flexibility for a variety of potential commercial uses subject to municipal approval. Business and equipment may be available separately. Contact listing agent for additional information and permitted use inquiries.
Ideal opportunity for investors, owner-users, or developers looking to capitalize on a strategically located commercial site in a heavily traveled corridor surrounded by established businesses and strong commuter traffic. Excellent visibility and branding potential for a variety of commercial uses.
Property features an open-concept first floor with restroom, along with a unique loft-style upper level featuring two offices and an additional restroom. The upper level provides additional usable space with potential for office expansion, private suites, storage, creative workspace, or an additional income-producing opportunity depending on use and municipal approval. Elevator access provides added convenience and handicap accessibility.
Currently operating as a salon, the property offers flexibility for a variety of potential commercial uses subject to municipal approval. Business and equipment may be available separately. Contact listing agent for additional information and permitted use inquiries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,800 SF
Year Built
1994
Price
$503,021 CAD
Price Per SF
$132.37 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.08 AC
Zoning
Commercial - B2 Zoning
Parking
15 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Security System
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-23-202-026-0000 | Improvements Assessment | $79,622 CAD |
| Land Assessment | $3,512 CAD | Total Assessment | $83,134 CAD |
Property Taxes
Parcel Number
29-23-202-026-0000
Land Assessment
$3,512 CAD
Improvements Assessment
$79,622 CAD
Total Assessment
$83,134 CAD
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16224 Prince Dr
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