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238 Queen St S 7,405 SF 100% Leased Retail Building Mississauga, ON L5M 1L5 $2,477,412 USD ($334.56 USD/SF) 6% Cap Rate
Investment Highlights
- 3 story, mixed used fully lease property!
Executive Summary
This fully leased, mixed-use three-storey property presents a prime investment opportunity with strong income potential. Located in the heart of the historic and vibrant Streetsville Village, it sits immediately adjacent to the corner of Thomas and Queen—one of the busiest spots in the area. The building features a commercial tenant on the main floor, four one-bedroom residential units on the second floor, and three additional units on the third floor (including two one-bedrooms). The basement includes two spacious two-bedroom units. A brochure with the full rent roll is available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,405 SF
Building Class
B
Year Built
1989
Price
$2,477,412 USD
Price Per SF
$334.56 USD
Cap Rate
6%
NOI
$148,645 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.43
Lot Size
0.07 AC
Zoning
CR - Commercial Residential
Frontage
29’ on Queen St
Amenities
- Signage
- Air Conditioning
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
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238 Queen St S
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