MLS®: N4311965 Status: For sale

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$18,990,000
Location:

1416 Centre St, Vaughan Ontario, L4J8A1

1416 Centre St, Vaughan Ontario
Description:
Attention All Investors And Developers! Rare Opportunity To Acquire A Fully Tenanted Commercial/Retail Plaza In A Prime Location Of Thornhill. The Property Is Currently Improved With A One-Storey Building (Appx 37,000 Including Basement), Occupied By All Long-Term Tenants. Upside For Additional Income In The Basement. Incredible Redevelopment Potential - Mixed Use Or Mid-Rise. Property Being Offered Based On Redevelopment And Not Current Cap Rate.**** EXTRAS **** Preliminary Planning Investigations Indicate That The Site Can Accommodate A Mid-Rise Residential Development With A 12-Storey Building, Mixed Use Retail/Residential Or Retail/Office Mix. Close Proximity To Public Transit And 407 Etr (id:2471)
Property:
Type: Retail
Lot Dimensions: 208.96 x 386.24 FT ; 1.85 AcresAcreage: 208.96 x 386.24 FT ; 1.85 Acres
Water: Municipal water
Structure:
Square Footage: 36858 sqft
Cooling Type: Fully air conditioned
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1416 Centre St, Vaughan Ontario

RE/MAX Advantage Realty Ltd. Brokerage - London

Didier Rottier
Sales Representative

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Listing Office: RE/MAX PREMIER INC.

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