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238 Queen St S

3,550 SF 100% Leased Retail Building Mississauga, ON L5M 1L5 £2,960,987 (£834/SF) 5% Net Initial Yield

Mixed Use Properties Ontario Mississauga 238 Queen St S, Mississauga, ON L5M 1L5

Investment Highlights

  • Strong Tenant Mix with 1 Commercial and 9 Residentials.

Executive Summary

Great Investment Opportunity for Good Income mixed use 3 storey property, Fully Leased, Busiest Spot In The Center Of Famous ""Streetsville"", immediate next to the Corner Property at Thomas & Queen. Fully Leased. 2nd floor (4x1br), 3rd floor (3 units: 1x2br, 2x1br), & Basement are fully renovated. The commercial retail store leased until 2029($7,500/M, current gross rent) plus 5years option.Great Investment Opportunity for Good Income mixed use 3 storey property, Fully Leased, Busiest Spot In The Center Of Famous ""Streetsville"", immediate next to the Corner Property at Thomas & Queen. Fully Leased. 2nd floor (4x1br), 3rd floor (3 units: 1x2br, 2x1br), & Basement are fully renovated.2x2br)

Attachments

238 Queen Street South (4)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,550 SF
Building Class
B
Year Built
1989
Price
£2,960,987
Price Per SF
£834
Net Initial Yield
5%
NOI
£148,049
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Zoning
CR - Commercial Residential
Frontage
29 ft on Queen St

Amenities

  • Signage
  • Air Conditioning
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Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Second Cup Cafe
RBC Royal Bank
TD Canada Trust
Scotiabank
F45 Training, Inc.
Tim Hortons
M&M Food Market
(365) 645-9191

Contact

  • Listing ID: 29369454

  • Date on Market: 25/08/2023

  • Last Updated:

  • Address: 238 Queen St S, Mississauga, ON L5M 1L5

The Retail Property at 238 Queen St S, Mississauga, ON L5M 1L5 is currently available for sale. Contact Royal LePage Real Estate Services Ltd for more information.

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© 2024 CoStar Group

238 Queen St S
(365) 645-9191 x

238 Queen St S

Manuel Choi

(365) 645-9191

(365) 645-9191

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