343-349 JANE STREET

Toronto (Runnymede-Bloor West Village), Ontario, M6S3Z3, Canada

$4,200,000

Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!

EXTRAS Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2" high-flow water line; new facade & glazing; security; development study, financials, floor plans available

Virtual Tour: https://youriguide.com/di1db_347_jane_st_toronto_on

Last updated on : Wednesday 16th of October 2024 01:17:21 PM

ADDRESS

Street : 343-349 JANE STREET

City : Toronto (Runnymede-Bloor West Village)

Province : Ontario

Country : Canada

Postal Code : M6S3Z3

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PROPERTY SUMMARY

Property ID : W9300271

Property Type : Retail

Bathrooms : 7

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