304 Richmond Street West, Toronto, ON, M5V 1X2, CA

304 Richmond Street West

개요

건물 면적 순

235 제곱미터

토지 총면적

159 제곱미터

PSF 렌트

₩59,544.76

지역 구분

CRE

묘사

Jones Lang LaSalle Real Estate Services, Inc., hereafter referred to as “JLL” or the “Advisor,” is delighted to present an outstanding opportunity to acquire 304 Richmond Street West, a rarely available retail asset, strategically positioned along Richmond Street West. Property showcases 17.9 feet (FT) of prime high street frontage, with two onsite parking stalls and immediate access to high-order transit serviced by Osgoode station on TTC line 1.

The site is improved with a three-story retail building comprised of 2,532 SF + basement. The Property is currently entirely vacant, offering a unique opportunity for value-add investors or owner-users to acquire a near turn-key-ready asset with a fully equipped commercial kitchen on the second floor in proximity to the downtown core. The Offering’s superior condition presents prospective purchasers with a flexible opportunity with limited capex required and reduced timelines, attractive to users or value-add investors looking to stabilize the asset through strategic lease-up.

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투자 하이라이트

Premier location: The property is strategically situated on Richmond Street West, positioned between John Street & Spadina Avenue, offering 17.9 FT of prime high street frontage in one of Toronto most highly coveted neighbourhoods, offering excellent branding and signage opportunities.

Owner-user opportunity: Superior asset quality, with vacant retail space in near turnkey ready condition offering an exception owner-user opportunity to capitalize on the limited supply of owner user buildings in proximity to the Downtown core.

Value-add potential: Flexible offering attractive to owner-users looking to reposition the asset for there own use or value-add investors looking to stabilize the asset through strategic lease-up.

Transit oriented: The site benefits from direct transit access, located just 400 meters east of Osgoode station and serviced by TTC streetcar line 501 with a stop located less than 100 meters north at the intersection of Queen Street West & John Street.

Redevelopment potential: The site is strategically situated in proximity to the downtown core with assembly potential of the adjacent parcels of land, offering a land bank opportunity well positioned to capitalize on future infill development.