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    For Sale - 550 Plains Road Unit# 100, Burlington, Ontario

    Est payment $15,606/mo
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    Views   1
    Time on Jump  35 day

    AI Summary *

    • Spacious 7000 sf office/retail space in a modern condo building.
    • Solid lease with a long-term government tenant provides reliable income.
    • High-quality finishes and efficient layout with natural lighting throughout.
    • Flexible MXG zoning allows for various potential business uses.
    • Low landlord involvement and solid cap rate make it a smart investment.




    7000 +/- sf of mxg zoned office/retail space at the base of a modern 6 storey condo building in the heart of aldershot. Solid lease in place with a government covenant. Keep this aaa tenant in place for the long term or convert the space to suit your business needs when the lease comes due. Solid cap rate with next to no landlord involvement, excellent quality finishes, mechanically solid - long-term net lease in place coming due oct 31, 2031, with the opportunity to extend it another 20 years. Top quality buildouts including administrations offices, lunchroom, multiple washrooms, accessible auto-doors and openers, terrific natural lighting and excellent exposure make this a quality asset to add to your portfolio. Mxg zoning permits a wide range of uses allowing possible future uses to include medical office, professional office, retail, daycare, dental, and more.
    Listing IDW12951662
    Address550 Plains Road Unit# 100
    CityBurlington, Ontario
    Price$3,250,000
    StyleCommercial Retail
    Land Size0.763
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    550 Plains Road Unit# 100
    Burlington , Ontario
    $3,250,000
    Get more info