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$2,980,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Milliken Mills East
MLS Listing ID N12609032
Condo Fees $4,902
Annual Tax Amount $44,076
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 6 food stalls total, a 64-seat dining area. Generates over $360,000, with strong net returns and a cap rate of 7%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. (Photos have been slightly altered to protect privacy of vendors.)
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Partial
ParcelsYN No
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Listed by CENTURY 21 ATRIA REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "