← Commercial and industrial land, for sale
Land · For sale
2474 Leitrim Road, Blossom Park - Airport and Area
$4,900,000
Listing brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES · MLS® X13727572
- Listing brokerage
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
- Type
- Land
- Deal
- For sale
- Category
- Land · Commercial and industrial land
- Size
- 5 sq ft
- Lot
- 251.92 x 662.93 ft
- Area
- 2605 - Blossom Park/Kemp Park/Findlay Creek
- MLS® number
- X13727572
Description
This 5-acre site offers an attractive combination of current income, storage upside and longer-term development potential in a strategically located area between the two rapidly growing residential communities of Findlay Creek and Riverside South . The property currently generates approximately $250,000 of gross income from existing month-to-month tenancies including the monthly mini-storage operation. The 78-unit mini-storage component is approximately 50% occupied, providing an opportunity to increase revenue as occupancy grows and capitalize on the continued residential development surrounding the property. The site also offers longer-term development potential, with conceptual plans showing future warehouse development while maintaining the existing mini-storage use. Ideal for an owner-user seeking residual income today with flexibility for expansion or redevelopment.
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