30 Melanie Drive Brampton, Ontario L6T 4L4

$1

Multi-Tenant Investment Property with re-development potential at the corner of Melanie Dr. and Steeles Avenue East. The ~35,000 square foot building is comprised of Ground Floor space of 28,000 sq.ft. +/- and Second Floor space of 7,000 sq.ft. +/- (vacant). Property has Excellent Curb Appeal! Functional layout with Steeles Ave East street frontage in a Prime Retail Commercial and Transportation Corridor. Situated in a highly sought-after, established employment pocket in Brampton the site is located 8.3 Km from Pearson International Airport. Neighbour to the Bramalea GO: Located just to the West along Steeles, offering effortless commuter access across the GTA. Rapid Transit System as well to Brampton Transit and Züm rapid bus routes. Highway Proximity: access to Highways 410, 407, and the 401, streamlining logistics and employee commutes. An Architect redevelopment concept has been designed for a 93 unit hotel on top of existing structure as per plans submitted to the City of Brampton for a pre application consultation. A complete development application required to pursue approvals and permits. A pre application report from the City of Brampton has been received and is available. Corner property with frontage both on Melanie Dr and Steeles Ave East. Two land parcels Rear parcel of the property has a 15' +/- right of way in favour of the adjacent property owner subject to restrictions. Zoning: Permits a range of Industrial and Non Industrial Retail Uses including restaurants and banquet halls. Buyer Agent to confirm Permitted Uses. Zoning: M1-2582. Main Floor is leased with net rents averaging approximately $25 per square foot (estimated figure) to be confirmed during Buyer Due Diligence Period (subject to adjustment). The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an "invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding proces (id:55460)

Property Details

MLS® Number	W13741354
Property Type	Business
Community Name	Steeles Industrial
Amenities Near By	Public Transit

Building

Age	31 To 50 Years
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	35,000 Ft2
Utility Water	Municipal Water

Land

Acreage	Yes
Land Amenities	Public Transit
Size Depth	250 Ft
Size Frontage	450 Ft
Size Irregular	35000
Size Total	35000 Ac
Size Total Text	35000 Ac
Zoning Description	M1 2582 (industrial And Non Industrial Uses)

https://www.realtor.ca/real-estate/30230737/30-melanie-drive-brampton-steeles-industrial-steeles-industrial