This exceptional investment property in Pickering Village presents a unique opportunity. Boasting a well-established German-style restaurant with a 20-year history, it occupies the equivalent of a double unit in a boutique residential/commercial condo complex. The main floor and basement, host the restaurant, while the second floor comprises two separate apartments. Fully leased, totalling 5300 sq ft, the property generates a substantial rental income. This prime location and versatile setup make it a lucrative venture for both commercial and residential purposes. With a proven track record and steady income stream, this property stands as a solid investment in a thriving community. Buyer/Agent To Do Due Diligence For Planned Use/Measurements/Taxes/Condo Fees. (id:13843)
Mls | E8467810 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 173 |
Listing Provided By | CENTURY 21 STARION INC. | SHAHROZ AHMAD QURESHI |
Sq Feet | 5,300 |
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Zoning | Commercial |
State | ON |
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City | Ajax (Central West) |
Zip Code | L1T3A6 |
Listing VS Median (in L1T3A6) | |
Price: $1,700,000 low | high Med: $1,700,000 SqFt: 5,300 low | high Med: 5,300 $ / SqFt: $321 low | high Med: $321 On Site: 173 low | high Med: 173.000000 |