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242 Queen Street Image 1

$3,399,000

$3,499,000
2.9% dropped

Last price change 5 hours ago

Oct 7, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #C9385881

242 Queen Street, Toronto C01, ON M5V 1Z7

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Average Price
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 242 Queen Street

Landmark END-USER / INVESTMENT opportunity along most prime stretch of acclaimed Queen St. W. Retail leased to Dragon Vape, one of Canadas largest e-cig suppliers, secured w/ corp covenant via wholesale ops. Option for vacant possession of retail on closing for end user. Direct sightlines to Bell Media HQ for rare on-air visibility & strong foot traffic. Previously leased to John Fluevog & Wine Rack @ premium rents. Upper levels have two large semi-attached 3-bed apts (3rd flr via 2nd flr corridor) w/ stable mo-to-mo tenants + roof decks/patios. Flexibility to reconfigure + increase rents. Bonus high & dry basement (not in SF), large rear parking + dbl-door shipping. All leases under market w/ near-term value-add at a great going in price point.

Home Overview

Last updated

5 hours ago

Virtual tour

None

Basement information

Building size

3870

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by CUSHMAN & WAKEFIELD

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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