Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $198,000 in annual rental income (over$360,000 when combined with other listing MLS #N12107338, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS#N12107338. (Photos have been slightly altered to protect privacy of vendors.) (id:4555)
PROPERTY SPECS
Price $1,639,000
City Markham, Ontario
Address 4300 Steeles Avenue Unit# F*26
Listing ID N12609000
Style Retail
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailOwnershipFreeholdHeating / CoolingForced air, Natural gas