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Incredible Opportunity To Own This Flagship Commercial Building In The Baby Point Gates Bia - Three Levels Of ~4000 Sq Ft (Totaling 12421 Sf, Including Lower Level). Four Municipal Addresses: 343, 345, 347, & 349. Free Parking Up & Down Jane St. The Main Floor Is Divided Into 2 Units: A Boutique Co-Working Space (The Office Corp (347); Which The Business May Be Also For Sale) & 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/9' Ceilings & Is Currently Set Up As A Banquet Hall. The 2nd Floor Boasts 10' Ceilings W/Open Concept Layout, Covered 8' By 8' Skylight, Currently A Dance Centre (The Pointe Dance(349)). Property Available Fully Or Partially Tenanted. Tenants Wish To Stay. Market Cap Rate Is ~5.16%. The Possibilities Are Endless W/This Huge Building, Which Was Originally Built In 1927 As A 478-Person Capacity Theatre, Called 'The Mayfair Theatre'. **** 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;
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;
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Property Details
Property Type | Commercial/Retail |
---|---|
Property Style | N/A |
Square Feet | |
Property Tax | $47,300 |
Maintenance | N/A |
Days On Our Website | 190 |
Basement | |
Kitchens | |
Garages | |
Lot Dimensions | 40.50 x 108.50 |
Pool | N/A |
Area | Toronto |
Fireplaces | N/A |
Air Conditioning | Y |
Heating | - Gas Forced Air Open |
Exterior | |
Garage Type | None |
Sewers | N/A |
Water | Municipal |
Room Information
Floor | Room | Dimensions | Description |
Bathroom Information
Floor | Description |
Listing Office: CRESCENT REAL ESTATE INC., BROKERAGE
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