Commercial Property Investment Opportunity on Hwy 7 [Guelph St] in Georgetown. This two-story building includes fully tenant occupied 5 leased retail and storage units. Positioned just east of Mill Street, the property offers outstanding visibility and access, along with ample parking for approximately 15 vehicles. A range of tenants a salon, a used clothing store, office space, storage, and a tattoo studio providing a stable source of income. The property is equipped with 1200 AMP three phase electrical - making this site potentially the ideal call center, BIT Coin operations or other commercial uses requiring lots of hydro. The property site covers a total area of 8,966 square feet and benefits from legal, non-conforming zoning within the current Official Plan. It is located within the Mill Street Corridor, an area designated for strategic redevelopment as per the Georgetown GO Station Area Secondary Plan, which is an integral part of the Town of Halton Hills planning initiatives related to the implementation of the Sustainable Halton Plan. Its proximity to downtown Georgetown and the GO station enhances its appeal, making it a highly desirable investment for both current commercial use and future residential projects. Access to the rear parking area from Guelph Street is via a Right of Way over the Town of Halton Hills Sewer Easement. A Confidentiality Agreement must be submitted before receiving financial information. This is an excellent opportunity to invest in a property with substantial potential for growth in a thriving community.
MLS# | W8430000 |
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Listing Type | For Sale |
Style | Other |
Sub-Type | Resale |
Status | Active |
Days On Site | 153 |
Listing Provided By | ROYAL LEPAGE MEADOWTOWNE REALTY | Not Provided |
Bath(s) | 5 |
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Basement | Y |
Zoning | LDR1-2 |
Province | ON |
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County | Halton Hills |
City | Halton Hills |
Postal Code | L7G 3Z6 |
Area | Halton |
Community Name | Georgetown |
Listing VS Median (in Georgetown) | |
Price: $1,200,000 low | high Med: $0 On Site: 153 low | high Med: |