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Investment Highlights

  • Dual-path investment opportunity: owner-user, investor, or redevelopment play
  • 18’ ceiling heights — ideal for warehouse, storage, or light manufacturing
  • Direct adjacency to municipal parking garage
  • Potential for ±60 residential units (subject to approvals)
  • 2 drive-in doors supporting flexible loading and operational flow
  • Former bakery facility with adaptable infrastructure

Executive Summary

Houlihan Lawrence Commercial is pleased to present 22 N Third Avenue. The offering presents a unique opportunity to acquire a ±10,000 square foot industrial property in the heart of Mount Vernon. Offered at $2,600,000, the asset is well-suited for owner-users, investors, or developers seeking a flexible property with both immediate usability and long-term upside.
In addition to its current industrial utility, the property offers a compelling redevelopment opportunity, with the potential to accommodate a ±60-unit residential development (subject to zoning and approvals). The property directly abuts a municipal parking garage, providing a significant advantage for both current use and future development scenarios.

Property Facts

Price $3,569,748 CAD
Price Per SF $356.30 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.23 AC
Rentable Building Area 10,019 SF
No. Stories 1
Year Built 1970
Tenancy Single
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning NB
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
4403-163-043-00001-000-0033
Land Assessment
$282,834 CAD
Improvements Assessment
$914,405 CAD
Total Assessment
$1,197,239 CAD
  • Listing ID: 39886788

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 22 Third Ave, Mount Vernon, NY 10550

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