NOTE: This listing is for the building ONLY. The Subway franchise is not for sale. This an excellent long term investment. Current lease expires on September 30th, 2027 with a five year option to renew. The tenant has indicated they would prefer to extend the renewal option to ten years talking it to September 30th, 2037. The lease will be provided under due diligence after the buyer agrees to an NDA. The building is in top notice shape and the lease is exceedingly fair and reasonable. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Shopping
Community Features
High Traffic Area, Industrial Park
Listing Contract Date
2024-06-07
Location Description
Main Street, Springhill
Municipal ID
25233040
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Amenities
Air Conditioning
Constructed Date
2011
Construction Material
Wood frame
Cooling Type
Heat Pump
Fire Protection
Alarm system, Smoke Detectors
Flooring Type
Other
Total Finished Area
1825 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Paved Yard
Land
Total Size
0.2761 acres
Access Type
Rail access
Amenities
Shopping
Disposition Features
Cleared
Size of Irregular Land
0.2761
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
