730 Davis Dr
Newmarket, L3Y2R4
UNAVAILABLE
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➧
Office
CATEGORY8,000 Sq Ft
TOTAL AREAN4894148
MLSIDContact Us
Property Description
Attention Investors! Prime Location Adjacent To Hospital Expansion With Great Curb Appeal, Parking, Signage & Visibility On Davis Drive. Steps To Hospital & Transit At The Door! 5 Mins. To Hwy 404! 4 Entrances! Quality Space! Roof 2009, Windows 2014! 28 Parking! Great Signage! 1/4 Acre!
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Extras
Versatile Medical/Commercial/Office Zoning (Mu-1)! Quality Leasehold Improvements! Numerous Offices W/Great Long-Term Stable Tenants! Excellent Retail Area! Dbl Oversized B-In Grg Rentable Or Can Be Expanded Into Ground Floor Space!
Property Details
Category
Office
Zoning
(Mu-1) Commercial/Office
Total Area
8,000 Sq Ft
Office/Apartment Area
4,000 Sq Ft
Retail Area
4,000 Sq Ft
Lot Size
63' x 226'
Taxes
$26,800 (2019)
Parking Spaces
28
Washrooms
5
Air Conditioning
Yes
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Listing contracted with The Lind Realty Team Inc., Brokerage
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An absolute investment and Development opportunity at a prominent 28,800 sqft site in a fast-growing Newmarket with the exceptional 180-foot-wide prestigious Yonge St visibility, on multiple bus routes, and fast access to Highway 400 and 404 via Davis Dr and Green Ln. The land is already zoned for Mixed-use(commercial and Residential) along Newmarket's Main Commercial Corridor. The existing building was upgraded extensively up to the button just a year ago with plenty of parking spots on a new paved surface. Experience a positive cash flow if you are thinking of renting this unique location to a Car dealership, Daycare, Clinic, or any retail business while you await your final permits and approvals to significantly intensify the site for its highest and best use. The LRT/Rapid Transit configuration and modern urbanizing on Yonge St is under construction to raise the value of this golden opportunity onto the moon.
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