5775, Highway 7, Bullock, Markham, Commercial
MLS® Number N12418230
For Sale $ 2,498,000
- 1800 SQFT
Description
Commercial Commercial Retail For Sale.
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.
Community Features: Major Highway, Public Transit
Cross Street: Hwy 7/Ovida
Key Facts
- Days on: 4 days
- Mls Status: Price Change
- Board Property Type: Com
- Lot Type: Unit
- Lot Width: 50.00
- Garage Type: Outside/Surface
- Heat Type: Gas Forced Air Closed
- Cooling: Yes
- Building Area Total: 1800 Square Feet
- Retail Area: 1800 Sq Ft
Location 5775, Highway 7, Bullock, Markham
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