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2857-2861 Derry Rd

2,200 - 2,422 SF Retail Units Offered at £608,748 Per Unit in Mississauga, ON L4T 1A6

Shops & Retail Properties Ontario Mississauga 2857-2861 Derry Rd, Mississauga, ON L4T 1A6

Investment Highlights

  • Very good area
  • Heavy foot traffic
  • Very good exposure

Executive Summary

The ground floor retail space has been opened with a "Walk-through" opening between the 2 units. This forms a single ground level retail space approx.. 1500 SF. This can be removed as each building has separate meters and entrances. Access to the rear parking is possible through an on-going parking access agreement with the neighboring site owner. The current agreement expires in October 2025. The current agreement costs $420.90+HST per month, per unit or $841.80+HST per month total.

Property Facts

Price £608,748 Building Class C
Unit Size 2,200 - 2,422 SF Number of Floors 3
No. Units 2 Typical Floor Size 1,600 SF
Total Building Size 7,266 SF Year Built 1969
Property Type Retail Lot Size 0.14 AC
Property Subtype Storefront Retail/Residential Parking Ratio 1.67/1,000 SF
Price £608,748
Unit Size 2,200 - 2,422 SF
No. Units 2
Total Building Size 7,266 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Building Class C
Number of Floors 3
Typical Floor Size 1,600 SF
Year Built 1969
Lot Size 0.14 AC
Parking Ratio 1.67/1,000 SF

2 Units Available

Unit 2859

Unit Size 2,422 SF Unit Use Retail
Price £608,748 Sale Type Investment
Price Per SF £251.34 APN/Parcel ID 210505011720800
Unit Size 2,422 SF
Price £608,748
Price Per SF £251.34
Unit Use Retail
Sale Type Investment
APN/Parcel ID 210505011720800
Description

Main floor: 822 SF. 2nd Floor Residential: 800 SF, Basement: 800 SF.

Sale Notes

Residential tenant to a family of 2. leased since April 2022 for $1819.13/Month.

Unit 2861

Unit Size 2,200 SF Unit Use Retail
Price £608,748 Sale Type Investment
Price Per SF £276.70 APN/Parcel ID 210505011720700
Unit Size 2,200 SF
Price £608,748
Price Per SF £276.70
Unit Use Retail
Sale Type Investment
APN/Parcel ID 210505011720700
Description

Main floor: 750 SF. 2nd Floor Residential: 700 SF, Basement: 750 SF.

Sale Notes

Residential rented to an individual. lease since November 2021. Monthly rent: $1,612.50/month and for parking:

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Walk Score ®
Very Walkable (79)
Transit Score ®
Excellent Transit (72)
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

Amenities

  • Bus Route

zoning

Zoning Code C3 (General Commercial)
C3 (General Commercial)
(289) 804-5884

  • Listing ID: 32488038

  • Date on Market: 17/07/2024

  • Last Updated:

  • Address: 2857-2861 Derry Rd, Mississauga, ON L4T 1A6

The Retail Property at 2857-2861 Derry Rd, Mississauga, ON L4T 1A6 is currently available For Sale. Contact eXp Realty, Inc. Brokerage for more information.

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© 2024 CoStar Group

2857-2861 Derry Rd
(289) 804-5884 x

2857-2861 Derry Rd

Matt Cappuccitti

(289) 804-5884

(289) 804-5884

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