$5.99 M Turnkey Automotive Facility | 12,368 Sf Lot

$5,990,000

For Sale: Mixed Use, Industrial in Toronto, ON

Maziar Moini

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Listing Details

Description

Rare OMVIC-Approved Automotive Property with 50+ Years of Operating History 530 Keele Street, Toronto, Ontario Automotive-zoned commercial properties in Toronto are disappearing. Redevelopment pressure, industrial land scarcity, and restrictive zoning continue to remove service-oriented automotive facilities from the market. As supply contracts and demand remains strong, opportunities to acquire fully operational automotive assets have become increasingly rare. 1530 Keele Street offers investors, owner-operators, and automotive businesses the opportunity to acquire a turnkey automotive facility strategically located within Toronto's rapidly evolving Keele & Eglinton corridor. Offered at **$5,990,000**, this OMVIC-approved property combines immediate operational utility with long-term real estate appreciation potential. INVESTMENT HIGHLIGHTS Asking Price: $5,990,000 ✔ OMVIC Approved Automotive Facility ✔ 7,200 SF Industrial Building ✔ 12,368 SF Secured Lot ✔ 50+ Years of Established Business History ✔ 3 Drive-In Service Bays ✔ 22 Parking Spaces ✔ High-Exposure Keele Street Frontage ✔ Flexible Possession Available ✔ Prime Toronto Infill Location A PROPERTY BUILT FOR AUTOMOTIVE OPERATIONS Unlike many commercial properties that require extensive retrofitting, 1530 Keele Street is already configured for automotive use. The facility includes: * 14' Clear Height * 3 Drive-In Bays * Multiple Service Access Points * 240V / 200 Amp Electrical Service * Gas Forced-Air Heating * Partial Air Conditioning * Municipal Water Service * Secure Fenced Yard This infrastructure allows operators to immediately support repair, collision, servicing, fleet maintenance, detailing, tire operations, performance tuning, and specialty automotive services. LARGE-SCALE SECURED OUTDOOR STORAGE 12,368 SF Lot The secured fenced yard provides a major competitive advantage for automotive operators. Ideal for: * Vehicle Storage * Fleet Staging * Customer Vehicle Overflow * Equipment Storage * Commercial Vehicle Operations * High-Volume Service Businesses In automotive operations, outdoor space directly impacts throughput, efficiency, and revenue capacity. ESTABLISHED FOR OVER FIVE DECADES One of the property's most valuable assets cannot be replicated. The business has operated successfully within the community for more than 50 years, providing: * Strong Local Recognition * Long-Term Customer Familiarity * Established Market Presence * Operational Continuity Potential For incoming operators, this significantly reduces the time and capital typically required to establish market awareness. STRATEGIC TORONTO LOCATION Situated near Keele Street and Eglinton Avenue West, the property benefits from exceptional connectivity throughout Toronto and the Greater Toronto Area. Nearby Transportation Access * Highway 401 * Allen Road * Black Creek Drive * Eglinton Crosstown LRT The surrounding area continues to experience significant residential growth and infrastructure investment, creating increasing demand for automotive services while available automotive-zoned inventory continues to decline. PERMITTED USES The property supports a wide range of automotive-related operations including: * Automotive Repair * Mechanical Servicing * Collision Repair * Body Shop Operations * Fleet Maintenance * Commercial Vehicle Service * Tire & Wheel Centres * Automotive Detailing * Performance & Specialty Garages OMVIC approval further enhances operational readiness for qualified operators. PARKING CAPACITY 22 Total Parking Spaces * 15 Exterior Spaces * 7 Interior Spaces The ability to accommodate customer vehicles, fleet contracts, and active repair workflows is becoming increasingly difficult to find within Toronto's urban market. LONG-TERM INVESTMENT FUNDAMENTALS Toronto's automotive industrial inventory continues to face supply compression driven by: * Industrial Land Scarcity * Residential Redevelopment * Restrictive Automotive Zoning * Increasing Commercial Demand As replacement opportunities become increasingly limited, operational automotive facilities with established infrastructure continue to command strong investor attention. This property offers the rare combination of: Immediate Cash-Flow Utility and Long-Term Real Estate Appreciation Potential ADDITIONAL PROPERTY DETAILS * Roof Covered by 20-Year Warranty * Annual Property Taxes: Approx. $17,078.60 * Annual Insurance: Approx. $3,800 * Flexible Closing Available * High Visibility Along Keele Corridor OFFERING SUMMARY 1530 Keele Street represents one of the few remaining opportunities to acquire a fully operational automotive commercial asset within Toronto's increasingly constrained industrial market. Whether the objective is owner-occupation, business expansion, fleet servicing, collision repair, or long-term industrial real estate investment, this property delivers the infrastructure, location, and scarcity that sophisticated buyers seek.

Location & nearby

This listing is located in Toronto, ON M6N 3E8

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