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Executive Summary
Great corner location, two lease buildings. Jack Brown Cleaner and 506 Hearn as part of the sale. Leases in place for both buildings.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,300 SF
Building Class
C
Year Built
1953
Price
$4,582,825 CAD
Price Per SF
$3,525.25 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.26 AC
Parking
4 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
101’ on Lake Austin Blvd
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 109578 | Improvements Assessment | $43,885 CAD |
| Land Assessment | $1,614,564 CAD | Total Assessment | $1,658,450 CAD |
Property Taxes
Parcel Number
109578
Land Assessment
$1,614,564 CAD
Improvements Assessment
$43,885 CAD
Total Assessment
$1,658,450 CAD
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2500 Lake Austin Blvd
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