46 -4-670 Highway 7 East, Richmond Hill | Image 1

46 -4-670 Highway 7 East

Richmond Hill, Beaver Creek Business Park

  • Commercial

$478,000
For Sale

Added 2 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Service Related

  • Zoning: commercial

  • Age: 16-30 years

  • Taxes: 4360

  • MLS®#: N8260562

  • Days on Site: 15 Days

  • Added: Apr 17, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COLDWELL BANKER THE REAL ESTATE CENTRE

Investment opportunity - 6.4% cap rate - 3 units (1392sqft- verified by MPAC) joined together for large footprint in mall. Sold together as one transaction. Fantastic opportunity for a turnkey commercial investment in a very well established Professional Business Centre in Beaver Creek Industrial Area of Richmond Hill. Long term medical services tenant (all units under one lease) has 2 years remaining on lease with escalations + 3 year option. Truly a Care-Free investment (Owner retiring from Rental Business and can take offers anytime). Units have front and rear doors which lead to a hallway and shipping area to the outside. 2 washrooms in the units. - Unit 46-521 sqft, Unit 47-480 sqft, Unit 48-391 sqft - 24 hours to view property.

Extras

pot lights, glass panel doors

Property

  • Status: Sale

  • Type: Service Related

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Age: 16-30

  • Area: Richmond Hill

  • Community: Beaver Creek Business Park

  • Availability Date: 30-60

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Covered

Fees

  • Tax Year: 2023

  • Taxes: $4,360

  • Commercial Condo Fees: 2634

  • Taxes Type: Annual

Land

  • Cross Street: East Beaver Creek At

  • Municipality District: Richmond Hill

  • Parcel Number: 031250124

  • Sewer: Sanitary

  • Zoning: commercial

Additional Media

  • Virtual Tour: https://youtube.com/shorts/9zzfGtIEBn8?feature=shared

Commercial Specific

  • Retail Area: 1392

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1392

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Financial Statement: N

Map of 46 -4-670 Highway 7 East, Richmond Hill
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