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Home ON Greater Toronto Area Toronto Scarborough Malvern
56-66 - 5780 SHEPPARD AVENUE E
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56-66 - 5780 SHEPPARD AVENUE E $1,500,000
$1,500,000
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56-66 - 5780 SHEPPARD AVENUE E
Toronto (Malvern), Ontario M1B5J6

MLS® Number: E10410600

Listing Description

* Opportunities like this don't come around often! This freestanding commercial condo retail property is a must-see for savvy investors and ambitious owner-operators. With a prime location, exceptional visibility, and incredible flexibility, this property is perfectly positioned to deliver both immediate and long-term value. * Currently tenanted by a popular Indian restaurant, the property already generates income while offering significant upside potential. Two additional vacant retail units on the main floor are ready to lease or occupy, providing endless possibilities for business expansion or rental revenue. The basement level features a massive separate unit with approximately 3,300 square feet, ideal for storage, creative uses, or even additional tenants an untapped goldmine for future growth! * This property's corner location ensures unparalleled street exposure, drawing attention from a steady stream of traffic. The ample on-site parking makes it a magnet for customers, while the surrounding area is rich with amenities, restaurants, and retail that foster high foot traffic. Convenient public transit options and proximity to Highway 401 make it an easily accessible destination for both locals and commuters. * With its combination of strong existing tenancy, vacant units for customization or lease, and a high-demand location, this property is a rare gem in todays market. Whether you're looking to build your portfolio or establish a thriving business, this is the opportunity you've been waiting for. * (38035751)

Location Description

Sheppard E/Markham

Property Summary

Property Type
Retail
Building Type
Retail
Community Name
Malvern
Annual Property Taxes
$23,108
Time on REALTOR.ca
42 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
6500 sqft

Land

Other Property Information
Zoning Description
COmmercial
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
YIGAL ACHREN