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:51648)
| MLS® Number | W9300271 |
| Property Type | Retail |
| Community Name | Runnymede-Bloor West Village |
| Amenities Near By | Public Transit |
| Bathroom Total | 7 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 12,421 Ft2 |
| Utility Water | Municipal Water |
| 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) |
Contact us for more information
Gus Skarlatakis
Broker of Record
(416) 889-0777
(416) 554-0777
www.crescentrealestate.ca
Shawn Lopes
Broker
(416) 889-0777
(416) 554-0777
www.crescentrealestate.ca
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realestatempowered@gmail.com
SUTTON GROUP-ADMIRAL
REALTY INC., BROKERAGE
1881 Steeles Ave W #7, North York, ON M3H 5Y4
