$2,199,000For Sale

VTB available for qualified Buyers. This is a unique opportunity to acquire a garage for sale, which includes a well-established 40-year-old business. The property offers extensive features and is located in a sought-after area, making it ideal for both continued automotive operations or future development.The building spans 2,512 square feet and is equipped with three service bays, an office, and an inventory room. It features three above-ground hoists and three garage doors measuring 10 feet by 12 feet each. The garage has a generous ceiling clearance of 12 feet, providing ample space for various operations. For comfort and functionality, the facility includes two ventilation systems: central air conditioning in the office and a suspended heater in the garage. Additional amenities include a floor drain and an oil separator to ensure proper maintenance and safety. Situated on a corner lot of 11,500 square feet, the property can accommodate approximately 25 to 30 cars, making it suitable for both service and sales activities.The sale includes 2 licenses: mechanic and car sales licenses, as well as three containers measuring 24 feet each. Garage and office equipment are also included (TBD).The garage is located at the gateway to Westboro, offering excellent visibility and access. It is conveniently situated near the 417 highway via Island Park Drive, ensuring easy connectivity for customers and business operations. A vendor's take-back option is available for QUALIFIED buyers only, providing flexible financing opportunities. For those interested in real estate development, there is an opportunity to create a new mixed-use project with a MAXIMUM of six storey on this site. The 2023 ESA Phase 2 report will be made available upon acceptance of an offer.

Directions: 417 exit Island Park Rd. North to Wellington. East to property.

Cross Street: Island Park Road