$3,395,000

6700 Montevideo Road

Mississauga ON, L5N 1V1

Description

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 5100 Square Feet. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 35 Parking Spots, Monitored By 24 Hour CCTV Security System. Estimated Cap Rate Is 3.77% This Year 3.99% Next Year. ** Parking Lot is Currently being Completely Repaved** Work Will be Complete in 2-3 Weeks

Details

MLS#30823883
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site20

Features

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Area Information
ProvinceON
CountyPeel
CityMississauga
Postal CodeL5N 1V1
AreaMS - Mississauga
Listing VS Median (in L5N 1V1)
Price:
$3,395,000
low | high
Med:
$3,395,000
50% of Average
On Site:
20
low | high
Med:
20
100% of Average
Listing Updated: 08/11/2020
Marc Battista LogoMLS Number: 30823883
Listing Provided By:
Marc Battista  of  ROYAL LEPAGE MEADOWTOWNE REALTY
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