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74 Lippincott St 1,250 SF 100% Leased Retail Building Toronto, ON M5S 2P1 $1,369,464 USD ($1,095.57 USD/SF) 3.83% Cap Rate



Investment Highlights
- Access to Transit
- Natural Light
- Signage
Executive Summary
Great investment property available for sale located off College Street. The building boasts a 32ft frontage along with lots of character. The electrical has been upgraded to 3 phase and there is a 25mm copper water service. Additionally, the second-floor apartment has been completely renovated and there have been numerous improvements made throughout the building. Vacant possession will be provided on closing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,250 SF
Building Class
C
Year Built
1900
Price
$1,369,464 USD
Price Per SF
$1,095.57 USD
Cap Rate
3.83%
NOI
$52,448 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.29
Lot Size
0.10 AC
Zoning
CR
Frontage
31’ on Lippincott St
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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74 Lippincott St
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