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$7,500,000
Est. payment /mo
3,892 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,892 sqft
Price per Sqft $1,927
Subdivision Rural Innisfil
MLS Listing ID N11982053
Building Age 31-50
Annual Tax Amount $13,548
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 381.82
Lot Front 238.98
Property Description
High profile corner site is comprised of 2 properties totaling approximately 1.6 acres assembled to create one development site. Located at the crossing of 2 major arterial high traffic routes, this coveted location possesses excellent visibility and accessibility with its 3 existing points of ingress and egress. Both properties are zoned Highway Commercial permitting many uses including an area-rare QSR drive thru zoning designation. Site improvements include a 3,892 sf block building containing a Convenience Store with 3-Bay Service Garage and a Gas Bar with a 1,426 sf Canopy. Very attractive long term NNN income with recently signed 20 year lease. Much interest from multiple QSR brands. Tremendous growth planned for this area. Both municipal water and sewer lines have been installed to the property lot line for future servicing and redevelopment. Phase 2 Environmental Assessment was recently completed. Both income property and vacant land must be purchased together.
Location
Province ON
County Simcoe
Community Rural Innisfil
Area Simcoe
Zoning Highway Commercial
Interior
Cooling Partial
Inclusions See Schedule C for complete list of fixtures and equipment.
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 238.98
Lot Depth 381.82
Others
Security Features No
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Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA