6 Bathroom
107,951 sqft
Fully Air Conditioned
Forced Air
Acreage
$4,900,000
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:55499)
Property Details
|
MLS® Number
|
N14131076 |
|
Property Type
|
Retail |
|
Community Name
|
Rural Whitchurch-Stouffville |
|
Amenities Near By
|
Highway, Public Transit |
|
Farm Type
|
Other |
|
Structure
|
Barn |
Building
|
Bathroom Total
|
6 |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
107,951 Sqft |
Land
|
Acreage
|
Yes |
|
Land Amenities
|
Highway, Public Transit |
|
Sewer
|
Septic System |
|
Size Depth
|
330 Ft |
|
Size Frontage
|
329 Ft |
|
Size Irregular
|
2.63 |
|
Size Total
|
2.63 Ac |
|
Size Total Text
|
2.63 Ac |
|
Zoning Description
|
D+fh, Development Reserve |
https://www.realtor.ca/real-estate/30460146/14685-woodbine-avenue-whitchurch-stouffville-rural-whitchurch-stouffville