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$ 4,200,000
Est. payment | /mo
7 Baths
12,421 SqFt
$ 4,200,000
Est. payment | /mo
7 Baths
12,421 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,421 sqft
Price per Sqft $338
Subdivision Runnymede-Bloor West Village
MLS® Listing ID W9300271
Originating Board Toronto Regional Real Estate Board
Property Description
Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time! **** EXTRAS **** Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2\" high-flow water line; new facade & glazing; security; development study, financials, floor plans available (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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Andy Katoch
Agent | License ID: LDKATOCAN