Gateway Center offers a 4.49-acre plaza featuring a Tim Hortons drive-through. There's also a 2-acre prime development site within, ideal for a hotel/banquet facility or retail with office space above. Located on the new LRT line at the major intersection of Derry and 10, the plaza includes other food brands like Mr. Sub, Pita and Grill, and St. Louis Bar. In Mississauga, zoned and serviced land is selling for $4M-$5M per acre, making this site a very rare opportunity with consistent income and huge development upside. This isn't a cap rate sale; it's a development site with reliable revenue. **** EXTRAS **** VTB CAN BE ARRANGED FOR QUAIFIED BUYERS DEPENDING ON TERMS OF APS (id:374)
Mls | W9505782 |
---|---|
Listing Type | For Sale |
Status | Active |
Days On Site | 50 |
Listing Provided By | IPRO REALTY LTD. | ROMAN RANA |
Sq Feet | 4 |
---|---|
Zoning | COMMERCIAL |
State | ON |
---|---|
City | Mississauga (Gateway) |
Zip Code | L5T3A1 |
Listing VS Median (in L5T3A1) | |
Price: $17,000,000 low | high Med: $17,000,000 SqFt: 4 low | high Med: 4 $ / SqFt: $4,250,000 low | high Med: $4,250,000 On Site: 50 low | high Med: 49.500000 |