ONYorkMarkham5775 Highway 7 N/A
5775 Highway 7 N/A
Interior view
Interior view
50
For Sale83 days on Market

5775 Highway 7 N/A

Markham, ON, L3P 1A5

Community:Bullock

Asking Price

$2,498,000

Frontage

50 ft.

Lot Depth

212 ft.

Square Foot

1,800 ft.

Lot Area

Zoning

Commercial

5775 Highway 7 N/A E, Markham, L3P 1A5

Property Description

Original Remarks

Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

PROPERTY HISTORY

5775 Highway 7 N/A

PROPERTY DETAILS

OccupancyCommercial Retail
Possession TypeFor Sale
Heating TypeGas Forced Air Closed
WaterMunicipal
Sewers
Retail Area1,800 ft
Ownership Type
Basement
Garage TypeOutside/Surface
Elevator
CommunityBullock
Hours Open
CategoryRetail
LLBO
Days Open
Business / BuildingUnit
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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