Commercial/Retail Property in Old Markham Village

$2,590,000

Description

Outstanding Income Property For Sale! Offering A Solid 5% Return. This Heritage Building Is Rented To Markham's Most Successful Pub -The Duchess. Located In The Heart Of Old Markham, And Fronting Onto Markham Rd, The Duchess Pub Has Rented This Building For The Past 17 Years With A Lease That Extends To March 2025, Plus A Further 5-Year Option. Come See This Building's Exceptional Location, Traffic Count And Visibility. Building For Sale, Not The Business.

Ground Floor 2,070 Sq. Ft., Second Floor 1261 Sq. Ft., Basement 1201 Sq. Ft., Front Patio 621 Sq. Ft., Rear Patio 1715 Sq.Ft.

Additional Details

  • Use
    Hospitality/Food Related
  • Unit No.
  • Level
  • Tax
    $20730.76
  • Lot Size
    48.00 X 131.70 Ft.
  • Garage Type
    None
  • Garage Space
  • Air Conditioning
    Y
  • Heating Type
    Gas Forced Air Closd
  • Locker
  • Maintenance Fee
    , Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included

Features

  • Fireplace
  • Pool
  • Elevator
  • Furnished
  • Family Room
  • Central Vacuum
  • Retirement
  • Water Front

Virtual Tour

Location

53 Main St , Markham

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