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Commercial listings / Retail / For sale

2340 Bloor Street W, Toronto, ON M6S 1P3

$1,750,000

2340 Bloor Street W, Toronto, ON M6S 1P3, photo 12340 Bloor Street W, Toronto, ON M6S 1P3, photo 22340 Bloor Street W, Toronto, ON M6S 1P3, photo 32340 Bloor Street W, Toronto, ON M6S 1P3, photo 42340 Bloor Street W, Toronto, ON M6S 1P3, photo 52340 Bloor Street W, Toronto, ON M6S 1P3, photo 6
Property type
Retail (Commercial Retail)
Transaction
For sale
Location
Toronto W02, Toronto
Building area
1,964 Square Feet
Lot size
1830 Feet
MLS® number
W13793152

Description

Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and 1 dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-established commercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years!

Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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