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$ 1,448,300
Est. payment | /mo
1,758 SqFt
$ 1,448,300
Est. payment | /mo
1,758 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,758 sqft
Price per Sqft $823
Subdivision Milliken Mills East
MLS® Listing ID N12107338
Source Toronto Regional Real Estate Board
Property Description
Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $165,000 in annual rental income (over $360,000 when combined with other listing MLS #N12107344, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS #N12107344. (Photos have been slightly altered to protect privacy of vendors.) (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features Yes
View Y/N No
Private Pool No
Listed by CENTURY 21 ATRIA REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "