7 Bathroom
12421 sqft
Fully Air Conditioned
Other
$4,200,000
Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time! **** EXTRAS **** Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2\" high-flow water line; new facade & glazing; security; development study, financials, floor plans available (id:55499)
Property Details
MLS® Number
|
W9300271 |
Property Type
|
Retail |
Community Name
|
Runnymede-Bloor West Village |
Amenities Near By
|
Public Transit |
Building
Bathroom Total
|
7 |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
12421 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Size Depth
|
108 Ft ,6 In |
Size Frontage
|
40 Ft ,6 In |
Size Irregular
|
40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349 |
Size Total Text
|
40.5 X 108.5 Ft ; 4 Addresses Incl: 343, 345, 347, 349 |
Zoning Description
|
Cr2.5(c1;r2*1563) |
https://www.realtor.ca/real-estate/27368023/343-349-jane-street-toronto-runnymede-bloor-west-village-runnymede-bloor-west-village