High profile corner site is comprised of 2 properties totaling approximately 1.6 acres assembled to create one development site. Located at the crossing of 2 major arterial high traffic routes, this coveted location possesses excellent visibility and accessibility with its 3 existing points of ingress and egress. Both properties are zoned Highway Commercial permitting many uses including an area-rare QSR drive thru zoning designation. Site improvements include a 3,892 sf block building containing a Convenience Store with 3-Bay Service Garage and a Gas Bar with a 1,426 sf Canopy. Very attractive long term NNN income with recently signed 20 year lease. Much interest from multiple QSR brands. Tremendous growth planned for this area. Both municipal water and sewer lines have been installed to the property lot line for future servicing and redevelopment. Phase 2 Environmental Assessment was recently completed. Both income property and vacant land must be purchased together.
Address
7352/73 Yonge Street
List Price
$7,500,000
Property Type
Commercial
Type of Dwelling
Commercial Retail
Area
Innisfil
Sub-Area
Rural Innisfil
County
Simcoe
Lot Depth
381.82
Lot Type
Lot
Lot Irregularities
L-Shaped Lot
Lot Size Units
Feet
Lot Width
238.98
Approx. Age
31 - 50 Years
MLS® Number
N11982053
Listing Brokerage
SOTHEBY`S INTERNATIONAL REALTY CANADA
Postal Code
L9S 2M6
Tax Amount
$13,548.23
Tax Year
2024
Community Features
Major Highway
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Other
Security Features
No
Water Source
Drilled Well
Sewer
Septic