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238 Queen St S

3,550 SF 100% Leased Retail Building Mississauga, ON L5M 1L5 $3,808,697 USD ($1,073 USD/SF) 5% Cap Rate

Mixed Use Properties Ontario Mississauga 238 Queen St S, Mississauga, ON L5M 1L5

Investment Highlights

  • Strong Tenant Mix with 1 Commercial and 9 Residentials.

Executive Summary

Great Investment Opportunity for Good Income mixed use 3 storey property, Fully Leased, Busiest Spot In The Center Of Famous ""Streetsville"", immediate next to the Corner Property at Thomas & Queen. Fully Leased. 2nd floor (4x1br), 3rd floor (3 units: 1x2br, 2x1br), & Basement are fully renovated. The commercial retail store leased until 2029($7,500/M, current gross rent) plus 5years option.Great Investment Opportunity for Good Income mixed use 3 storey property, Fully Leased, Busiest Spot In The Center Of Famous ""Streetsville"", immediate next to the Corner Property at Thomas & Queen. Fully Leased. 2nd floor (4x1br), 3rd floor (3 units: 1x2br, 2x1br), & Basement are fully renovated.2x2br)

Attachments

238 Queen Street South (4)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,550 SF
Building Class
B
Year Built
1989
Price
$3,808,697 USD
Price Per SF
$1,073 USD
Cap Rate
5%
NOI
$190,435 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Zoning
CR - Commercial Residential
Frontage
29 FT on Queen St

Amenities

  • Signage
  • Air Conditioning
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Walk Score ®
Very Walkable (89)
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(365) 645-9191

  • Listing ID: 29369454

  • Date on Market: 8/25/2023

  • Last Updated:

  • Address: 238 Queen St S, Mississauga, ON L5M 1L5

The Retail Property at 238 Queen St S, Mississauga, ON L5M 1L5 is currently available For Sale. Contact Royal LePage Real Estate Services Ltd for more information.

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238 Queen St S
(365) 645-9191 x

238 Queen St S

Manuel Choi

(365) 645-9191

(365) 645-9191

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