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366-368 King St E 12,800 SF 100% Leased Retail Building Toronto, ON M5A 1K9 For Sale



EXECUTIVE SUMMARY
Colliers International is pleased to offer for sale 368 King Street East (the “Property”), a building with 3,187 SF of Gross Floor Area sitting on a 1,176 SF parcel. Constructed in 1986, the Property exhibits a timeless industrial architectural design, a perfect harmony of form and function. The building, made up of brick exterior finish, has undergone major renovations. The property is an end-cap residential retail mixed-use unit with 20.63' of frontage on King Street and depth ranging from 69.08 to 74.46'. The Property is comprised of 721 SF of commercial space, additional 500 SF basement unit, and two loft apartments on the second, third, and fourth floors completely stripped and ready for customization. Transit-oriented, the Property is located near King Street Station and will be walking distance away from the upcoming Corktown Station, a new Ontario Line addition. 368 King Street East is a promising investment prospect that combines excellent location due to its nearby public transit and local amenities as well as flexible commercial space. This property offers the chance to establish a thriving business in a vibrant and growing area.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,800 SF
Building Class
C
Year Built
1950
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
4.00
Lot Size
0.07 AC
Zoning
CR
Parking
1 Spaces (0.07 Spaces per 1,000 SF Leased)
Frontage
37’ on King St
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
1 of 6
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366-368 King St E
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