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$ 4,900,000
Est. payment /mo
New
14685 WOODBINE AVENUE Whitchurch-stouffville, ON L4A2G7
6 Baths
107,951 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 107951
Square Footage 107,951 sqft
Price per Sqft $45
Subdivision Rural Whitchurch-Stouffville
MLS® Listing ID N14131076
Lot Size 2.630 Acres
Acres 2.63
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic System
Listed by ILISTREALESTATE INC.
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