Property Size: 5,760 sqft
Extremely rare opportunity to acquire a 2 storey commercial investment property just west of Lonsdale Avenue. This already transitioning neighbourhood of Lower Lonsdale is the ideal location to purchase this property and experience equity growth in this highly sought after location. The Building is fully leased with 2 ground floor retail tenants and l second floor medical office tenant. This property also has the convenience of on-site rear pad parking (for 10 cars) with direct access to the medical clinic. There is also the possibility of the new Buyer occupying all or a portion of the 2nd floor space. The property has been self-managed due to its simple ease of maintenance. The opportunity to redevelop this property is also a viable option and could be investigated further either independently or with the acquisition of the neighboring properties as an assembly. LOTS OF POSSIBILITIES HERE.
Listed by Macdonald Commercial Real Estate Services Ltd..