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$1,739,690
Est. payment /mo
2,112 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $823
Subdivision Milliken Mills East
MLS Listing ID N12107344
Annual Tax Amount $22,710
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $198,000 in annual rental income (over $360,000 when combined with other listing MLS #N12107338, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS #N12107338. (Photos have been slightly altered to protect privacy of vendors.)
Location
Province ON
County York
Community Milliken Mills East
Area York
Zoning Commercial / Retail
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Partial
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Listed by CENTURY 21 ATRIA REALTY INC.