5775 HIGHWAY 7 E, Markham (Bullock), Ontario, L3P1A5
MLS: N12418230 | Retail
$2,498,000
Property Description
Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 1,800 sq ft (167.2 m²)
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $21,002.37
Listing Provided by: HOMELIFE/BAYVIEW REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Zoning: C3 Service Commercia
Community & Neighbourhood
- Neighbourhood: Bullock
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 5775 HIGHWAY 7 E, Markham (Bullock), Ontario, L3P1A5
Location & Neighborhood
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