1416 Centre St Vaughan, Ontario L4J 8A1

36858 sqft
Fully Air Conditioned


Attention All Investors And Developers! Rare Opportunity To Acquire A Fully Tenanted Commercial/Retail Plaza In A Prime Location Of Thornhill. The Property Is Currently Improved With A One-Storey Building (Appx 37,000 Including Basement), Occupied By All Long-Term Tenants. Upside For Additional Income In The Basement. Incredible Redevelopment Potential - Mixed Use Or Mid-Rise. Property Being Offered Based On Redevelopment And Not Current Cap Rate.**** EXTRAS **** Preliminary Planning Investigations Indicate That The Site Can Accommodate A Mid-Rise Residential Development With A 12-Storey Building, Mixed Use Retail/Residential Or Retail/Office Mix. Close Proximity To Public Transit And 407 Etr (id:29916)

Property Details

MLS® Number N4311965
Property Type Retail
Community Name Beverley Glen


Cooling Type Fully Air Conditioned
Fireplace Present No
Size Interior 36858 Sqft
Utility Water Municipal Water


Acreage No
Size Irregular 208.96 X 386.24 Ft ; 1.85 Acres
Size Total Text 208.96 X 386.24 Ft ; 1.85 Acres



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