ON > Markham > Milliken Mills West
Markham, ON L3R 2Z5,250 Ferrier ST
Markham, ON L3R 2Z5,250 Ferrier ST
Markham, ON L3R 2Z5,250 Ferrier ST
Markham, ON L3R 2Z5,250 Ferrier ST
Markham, ON L3R 2Z5,250 Ferrier ST
Markham, ON L3R 2Z5,250 Ferrier ST
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 9,689,000
Est. payment | /mo

21,020 SqFt

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$ 9,689,000
Est. payment | /mo
Save

21,020 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 21,020 sqft

Price per Sqft $460

Subdivision Milliken Mills West

MLS Listing ID N12258506

Building Age 31-50

Annual Tax Amount $31,431

Tax Year 2024

Property Sub-Type Investment

Property Description

250 Ferrier is a light industrial building with some office and warehousing Tenants in half the building. The property is 50% vacant and is a great opportunity for an occupier-investor or an occupier with need for future growth. Approximately 10,000 sf is vacant, being Unit J located at the rear of the building, offering 1 TL and 1 oversized drive in door and boasts clear heights of 20' 2". The remainder of the building (approximately 10,000) is occupied by 7 Tenants paying below market net rents leaving room for rental income growth. The front portion of the building has lower clear heights of approximately 12' clear and there is about 2,000 sf of mezzanine space in the rear, also occupied by office Tenants. The property is located just north of Steeles and west of Warden and provides excellent access to public transit and an abundance of nearby amenities. Recent environmental and building condition reports have been completed by the Vendor. Please reach out to designated listing agent for Confidentiality Agreement (CA) and access to reports and rent roll.

Location

Province ON

County York

Community Milliken Mills West

Area York

Zoning EMP-GE

Interior

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Available

Lot Frontage 155.0

Lot Depth 380.0

Others

Security Features Yes

Listed by CUSHMAN & WAKEFIELD
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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250 Ferrier ST

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