6700 Montevideo Rd, Mississauga

$3,450,000

0 Beds
0 Baths
36,942 Sqft
0 Acres
0 Garages

Rarely Offered For Sale, 6 Unit Retail Plaza Located In A Busy Neighbourhood In Meadowvale. Property Is On A 0.85 Acre Lot, Zoning Is C1 Commercial Retail. Building Is Just Over 5600 Square Feet. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 50 Parking Spots, Monitored By 24 Hour Cctv Security System. Cap Rate Is Just Under 3.8% Net Increasing Year Over Year.

Essential Information
MLS® #W4729255
Price$3,450,000
Bathrooms0.00
Square Footage36,942
TypeCommercial
Sub-TypeCommercial/Retail
StatusA
Community Information
Address6700 Montevideo Rd
AreaPeel
SubdivisionMeadowvale
CityMississauga
ProvinceOntario
Postal CodeL5N1V1
Amenities
UtilitiesY
Parking Spaces50
GaragesPlaza
Features

Current Tenants Are Guardian Pharmacy, Physiotherapy Clinic, Hair Salon, Greek Restaurant, Middle Eastern Restaurant And Convenience Store. 5/6 Tenants Under New Leases. Curent Gross Income Just Over $175,000, Net Income Approx $123,000

Interior
HeatingGas Forced Air Closd
Exterior
Lot Description0.85x0.00 Acres
Additional Information
ZoningC1 Commerical
Office

ROYAL LEPAGE MEADOWTOWNE REALTY, BROKERAGE

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