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$4,900,000
Est. payment /mo
6 Baths
107,951 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 107,951 sqft
Price per Sqft $45
Subdivision Rural Whitchurch-Stouffville
MLS Listing ID N14131076
Annual Tax Amount $41,183
Tax Year 2025
Lot Size 2.630 Acres
Property Sub-Type Commercial Retail
Property Description
RARE 2.63-ACRE COMMERCIAL INVESTMENT OPPORTUNITY ON WOODBINE AVE! Exceptional property in the charming community of Gormley featuring 3 large freestanding commercial buildings, all fully leased and generating immediate rental income! Prime location with approx. 330 ft of frontage on Woodbine Ave, excellent exposure, and proximity to prestigious estate homes and future residential development areas. Situated in a desirable growth corridor and NOT within the Oak Ridges Moraine! Building 1: Approx. 3,000 sq ft two-storey building featuring 7 spacious offices/rooms, ideal for professional offices, educational, retail or contractor uses. Building 2: Historic former Vandorf Town Hall, currently operating as Harmony Concert/Event Hall. Building 3: Located at 10 Hunters Rd, approx. 6,930 sq ft featuring 5,720 sq ft main floor plus 1,210 sq ft mezzanine, 4 large bay doors, high-voltage electrical, mechanic shop facilities, large yard, ample parking and outdoor storage. ALL 3 BUILDINGS FULLY LEASED! Outstanding opportunity for investors, developers and future owner-users seeking multiple income streams, substantial land value and excellent long-term investment and redevelopment potential, subject to approvals. SELLER TAKE-BACK MORTGAGE AVAILABLE FOR QUALIFIED BUYERS! Rare opportunity to acquire a substantial income-producing commercial property in a high-demand growth corridor!
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 329.0
Lot Depth 330.0
Others
Security Features Partial
ParcelsYN No
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Listed by ILISTREALESTATE INC.
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