3045 Southcreek rd - Auto Dealership FOR SALE


Mississauga, ON L4X 1M3- Mississauga Centre/Streetsville
$1,099,000 CAD
416-910-8923
3045 Southcreek rd, Mississauga, ON for Sale
$1,099,000 CAD
Auto Dealership - FOR SALE
1/10
null | 6.42% Cap Rate

3045 Southcreek rd
Mississauga, ON L4X 1M3
Mississauga Centre/Streetsville


HIGHLIGHTS

  • Fully leased unit generating $6,550 per month plus taxes with two long-term tenants.
  • Strategic location near Dundas Street and Highway 427 with quick access to QEW, 401, and 403.
  • Flexible zoning (M1-G) allowing multiple uses and potential for change of use.

OVERVIEW

Sale of Prime Industrial/Retail/Office unit with a great cash flow at 3045 Southcreek Business Park. Fully Leased Unit generating income $6550 + taxes. Currently Used as: Tenant 1 - Martial Arts School (Front half of unit) Lease valid till September 2026 which can be Renewed or Terminated according to the Buyer's interest & Tenant 2 - Tire Change Centre (Rear half of unit) lease valid till April 2028. Common Washroom for both the tenants. Major intersection: Dundas/ Hwy 427. Close to Major highways: 427, QEW, 401 & 403. Lots of Natural light, Ample parking and Amenities close by. Upgraded interiors. Change of use possible and plaza qualifies to set up multiple uses.This prime unit can be suitable for any business owner who would like to run their business in the (Front half Retial space) & can collect the rent of $3000 + tax from the (Rear half Industrial area) which can help reduce mortgage burden. This unit can be also a great deal for investors who are looking for a strong cash flow property to buy.

FOR SALE DETAILS

PRICE

$1,099,000 CAD

PRICE/SF

$523 CAD /SF

CAP RATE

6.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

m1-g

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vasudevan SadasivanRE/MAX Optimum Realty Team Arora RealtyMore Info
416-910-8923

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Vasudevan SadasivanRE/MAX Optimum Realty Team Arora RealtyMore Info
416-910-8923

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.