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LOADING

5775 Highway 7 E Markham, Ontario L3P 1A5

1800 sqft
Fully Air Conditioned Forced Air

$2,950,000

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:60365)

Property Details

MLS® Number N12418230
Property Type Retail
Community Name Bullock
AmenitiesNearBy Highway, Public Transit

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1800 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 212 Ft
SizeFrontage 50 Ft
SizeIrregular Unit=50 X 212 Ft
SizeTotalText Unit=50 X 212 Ft
ZoningDescription C3 Service Commercia

https://www.realtor.ca/real-estate/28894545/5775-highway-7-e-markham-bullock-bullock

Latif Merali
Salesperson


Homelife/bayview Realty Inc.
505 Hwy 7 Suite 201
Thornhill, Ontario L3T 7T1

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