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34
343-349 Jane St
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$4,500,000 List $4,500,000 -
Sold on: 369 days ago
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Key Facts
Key facts for 343-349 Jane St
Property Type
Commercial
Parking
None
MLS #
W5841640
Size
-
Basement
Y
Listed on
-
Lot size
41 x 108.50
Tax
$47,299.58 /yr
Days on Market
-
Approximate Age
-
Maintenance Fee
-
Description
Incredible Opportunity To Own This Flagship Commercial Building In The Baby Point Gates Bia - Three Levels Of ~4000 Sq Ft (Totaling 12421 Sf, Including Lower Level). Four Municipal Addresses: 343, 345, 347, & 349. Free Parking Up & Down Jane St. The Main Floor Is Divided Into 2 Units: A Boutique Co-...Working Space (The Office Corp (347); Which The Business May Be Also For Sale) & 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/9' Ceilings & Is Currently Set Up As A Banquet Hall. The 2nd Floor Boasts 10' Ceilings W/Open Concept Layout, covered 8' by 8' 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'. **** 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;
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Courtesy of: CRESCENT REAL ESTATE INC., BROKERAGE