For Sale - Retail/ Office At King Street In Downtown Toronto King/Spadina (Toronto, Ontario, CA ) Built

$8,000,000

Dencor Realty, Inc.

Dennis Alexander Dennis Alexander (844) 953-1100 Ext 1 (Office) (416) 953-1100 (Cell) (416) 410-1100 (Fax) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Development Level: Built
  • Year Built: 1879

Description

The Property presents a rare opportunity
to acquire a prime, corner retail property in
Downtown Toronto. This approximately 7,898
sf, 3-storey building features ground floor retail
with excellent exposure onto King Street East
and sleek modern office space on the second
and third floors.
This heritage listed building was constructed in
1879 but has been maintained and managed to a
high standard. It is situated on an approximately
2,614 sf site with 31 ft of frontage on King
Street East and 85 ft on Sherbourne Street.
This substantial corner site has the potential
for a future mixed-use redevelopment given its
Commercial Residential zoning designation.
Located in the St. Lawrence neighbourhood,
on a high-traffic corner at King Street East and
Sherbourne Street, the Property benefits from
high visibility, transit accessibility, and proximity
to the financial core of the City. It has a streetcar
stop at its frontage and is a 15 minute walk from
Union Station, Toronto’s central transit hub. The
neighbourhood is characterized by its high-end
shops and restaurants, youthful demographic,
and iconic Old Toronto architecture mixed with
new mid and high-rise residential towers.

3-storey, 7,898 sf retail & office building on a ~2,614 sf site

Located at the high visibility, high traffic location of King and Sherbourne

Stunning building with very prominent and striking frontage on King Street

Building may be fully or partially available allowing for owner occupancy while generating income

Floor sizes allow for tenants to occupy entire floors with excellent visibility

Site area~2,614 sf
Total Building Area - 7,898 sf
Above Grade Area - 5,994 sf
Below Grade Area - 1,904 sf
Year Built - 1879
Storeys --3+basement

Frontages
31 ft on King St E
85 ft on Sherbourne St

Official Plan
Regeneration Areas

Zoning
Commercial Residential

Heritage Status
Listed

Attachments

Brokered and Advertised by : 4168908616
P2#544617736
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Information is deemed to be correct but not guaranteed.

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