1416 Centre St, Vaughan

$18,990,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #N4311965
Price$18,990,000
Bathrooms0.00
TypeCommercial
Sub-TypeCommercial/Retail
StatusA
Community Information
Address1416 Centre St
AreaYork
SubdivisionBeverley Glen
CityVaughan
ProvinceOntario
Postal CodeL4J8A1
Amenities
UtilitiesY
GaragesPlaza
Features

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

Interior
HeatingGas Forced Air Closd
Has BasementYes
Exterior
Lot Description208.96x386.24 Feet
Additional Information
ZoningC2
Listing Details
OfficeRE/MAX PREMIER INC., BROKERAGE
LISTING MAP

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