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495 WALKERS LINE Burlington (shoreacres), ON L7N2E3
54,734 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 54,734 sqft
Price per Sqft $126
Subdivision Shoreacres
MLS® Listing ID W12661746
Lot Size 49299.441 Acres
Acres 54734.0
Source Toronto Regional Real Estate Board
Property Description
Rare opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line is a single-storey commercial retail plaza totalling approximately 13,304 sq. ft. situated on a 54,734 sq. ft. site with 229 feet of frontage along Walkers Line, a busy arterial corridor just north of New Street. The property is improved with 10 units occupied by a strong mix of service-oriented and daily-needs tenants, including Pharmasave, Domino's Pizza, medical and professional uses, personal services, and food operators, providing stable and diversified income. The plaza is 100% leased with tenants on net leases, offering predictable cash flow and limited landlord responsibilities. Zoned CN1 (Neighbourhood Commercial), permitting a wide range of commercial uses. The building is well maintained, constructed circa 1982, and benefits from ample surface parking, individual HVAC systems per unit, and full municipal services.Located in an established residential neighbourhood surrounded by dense housing, national retailers, and strong demographics, the property offers long-term income stability with upside through lease renewals and rental growth. Excellent visibility, strong tenancy, and institutional-quality fundamentals make this an ideal acquisition for private investors or commercial portfolios. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://cortezranieri.ca/495-walkers-line-burlington?fromCms=1
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.