RARE 2.63-ACRE COMMERCIAL INVESTMENT OR DEVELOPMENT OPPORTUNITY ON WOODBINE AVE! Exceptional property in the charming community of Gormley featuring 3 large freestanding commercial buildings, all fully leased and generating immediate rental income! Prime location! Excellent exposure, and proximity to prestigious estate homes and future residential development areas. Situated in a desirable growth corridor and NOT within the Oak Ridges Moraine! Building 1: Approx. 3,000 sq ft two-storey building featuring 7 spacious offices/rooms, ideal for professional offices, educational, retail or contractor uses. Building 2: Historic former Vandorf Town Hall, currently operating as Harmony Concert/Event Hall. Building 3: Located at 10 Hunters Rd, approx. 6,930 sq ft featuring 5,720 sq ft main floor plus 1,210 sq ft mezzanine, 4 large bay doors, high-voltage electrical, mechanic shop facilities, large yard, ample parking and outdoor storage. ALL 3 BUILDINGS FULLY LEASED! Shorter term leases allow for end users to occupy the site in the near future. Outstanding opportunity for investors, developers and future owner-users seeking multiple income streams, substantial land value and excellent long-term investment and redevelopment potential, subject to approvals. SELLER TAKE-BACK MORTGAGE AVAILABLE FOR QUALIFIED BUYERS! Rare opportunity to acquire a substantial income-producing commercial property in a high-demand growth corridor! (id:67552)
| MLS® Number | N14131076 |
| Property Type | Retail |
| Neigbourhood | Vandorf |
| Community Name | Rural Whitchurch-Stouffville |
| Amenities Near By | Highway, Public Transit |
| Farm Type | Other |
| Structure | Barn |
| Bathroom Total | 6 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 107,951 Sqft |
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Sewer | Septic System |
| Size Depth | 330 Ft |
| Size Frontage | 329 Ft |
| Size Irregular | 2.63 |
| Size Total | 2.63 Ac |
| Size Total Text | 2.63 Ac |
| Zoning Description | D+fh, Development Reserve |
Contact us for more information
Alex Prasoulis
Broker of Record
(416) 901-8777
www.ilistrealestate.ca/