1291 Kennedy Rd
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1291 Kennedy Rd
3,140 SF Retail Building Toronto, ON M1P 2L4 $1,802,360 USD ($574 USD/SF)
Investment Highlights
- 3,140 sq.ft. of space with 11 on-site parking spots
- 600-amp electrical service
- 20' ceiling height and large drive-in door
Executive Summary
This is a tremendous opportunity to own a freestanding building with excellent exposure and signage, located in a high-traffic area. With approximately 3,140 sq.ft. of space, this property includes 11 on-site parking spots, 20' ceilings, and a large drive-in (DI) door, making it highly versatile for various uses. Previously fixtured as a restaurant, the building is still equipped with a hood fan, fire suppression system, walk-in cooler (without compressor), freezer, prep areas with stainless steel fixtures, bathrooms, counters, and much more. Significant investment has been made in leasehold improvements and equipment.
The building is unique in its offering, featuring a 600-amp electrical service, a large drive-in door, and prime zoning for a wide range of uses. Zoned ME (Mixed Employment) and MC (Industrial Commercial), this property may allow for automotive uses, such as repair/service garages and sales, along with many retail, industrial, financial, recreational, and place of worship uses. Additionally, a prominent pylon sign at the street front and building signage is available to maximize visibility.
Located on busy Kennedy Road, the property benefits from heavy traffic, accessibility to TTC surface routes, and quick access to Hwy 401. The area offers a strong labor pool, making it ideal for a variety of businesses.
The building is unique in its offering, featuring a 600-amp electrical service, a large drive-in door, and prime zoning for a wide range of uses. Zoned ME (Mixed Employment) and MC (Industrial Commercial), this property may allow for automotive uses, such as repair/service garages and sales, along with many retail, industrial, financial, recreational, and place of worship uses. Additionally, a prominent pylon sign at the street front and building signage is available to maximize visibility.
Located on busy Kennedy Road, the property benefits from heavy traffic, accessibility to TTC surface routes, and quick access to Hwy 401. The area offers a strong labor pool, making it ideal for a variety of businesses.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,140 SF
Building Class
C
Year Built
1979
Price
$1,802,360 USD
Price Per SF
$574 USD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.42
Lot Size
0.17 AC
Parking
11 Spaces (3.5 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (70)
Nearby Major Retailers
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1291 Kennedy Rd
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