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Vendor providing vendor takeback mortgage with only 25% down at preferable rates, with option to renew, Located on a main artery intersection of Merivale Road and Clyde Avenue, Merivale Road frontage creates high foot traffic for retail vendors, Well-established local and national tenancies who have been there long-term and intend on staying, 27,057 square feet of retail on 2.2 acres of land, 1 +/- acre of land for development, 60+ parking spots located in front of the plaza with additional in the back.
This well-located asset has a total building area of 27,057 square feet, 23, 957 SF is ground floor use and 3,100 SF is second-storey walk-up. In addition to the retail space, it also has 1 +/- acre of development land in the back portion of the plaza with frontage on Kerry Crescent. The frontage onto this residential street makes the additional land an excellent multi-residential development opportunity. This attractive property also has excellent street access to Merivale Road which has an abundance of amenities just steps away. The site has over 60+ surface parking spots available in the front of the building, and an abundance of parking available around back.