
Courtesy of: Li Zhang, Salesperson, Royal LePage Peaceland Realty
$2,500,000
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9,009 square feet
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|
Retail
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$2,500,000
277 LANCASTER Street W Rare opportunity to acquire a fully renovated multi-unit commercial building combined with established retail businesses in a high-demand location. Priced at $2.5M, this property offers strong income, excellent visibility, and outstanding future growth potential. This impressive 3, 691 sq. ft. commercial building features four units, including a profitable convenience store, vape store, independent office space, and additional retail/commercial units. Zoned C2, the property permits a wide variety of commercial uses, making it ideal for investors or owner-occupiers seeking flexibility and long-term value. The building has undergone extensive upgrades, including a newer decorative stucco exterior, recently repaired roof, and complete interior renovations. Additional features include five hydro meters, two heating/cooling systems, and 12 dedicated parking spaces, plus abundant street parking nearby. Located within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Two units are currently occupied by the owner and can be continued as retail operations, offices, personal service businesses, or adapted to suit a purchaser's needs. Key Features: • 3, 691 sq. ft. commercial building • Four commercial units • Established convenience store and vape business • Independent office unit • C2 zoning allowing multiple commercial uses • 12 on-site parking spaces • Five hydro mete (id:203)