43 GUELPH Street, Georgetown

$1,200,000

6,153 Square Feet

Investment Opportunity on Guelph St [Hwy 7] in Georgetown. This two-story building includes 5 commercial tenants containing a total of 4,777 leasable space. 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 studioproviding a stable source of income. All units are currently tenanted with commercial uses. 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. Its proximity to downtown Georgetown and the GO station enhances its appeal, making it a highly desirable investment for both current commercial use and 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. According to the property survey, the eastern boundary of the lot meets this Sewer Easement at the end of the retaining wall. Current uses are permitted as Commercial Retail, the zoning under the official plan does not allow future extensive Commercial uses however, the property could potentially be repurposed to support Low Density Residential [LDR 1] uses in the future. Property is offered as is, where is without any representations or warranties. A Confidentiality Agreement must be submitted to receive financials. Property is offered as is, where is without any representations or warranties. (id:23309)

Listing ID: 40604588
Property Type: Retail
Year Built: 1915

View Additional Photos

Schedule a Tour

Schedule a showing today, it is free, with no obligation. Cancel any time.

Make an Offer

Book a Showing

Get More Information

Talk to a Home Lifestyle Matchmaker

Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with the listing agent who specializes in Georgetown.

Details

Amenities Nearby: Schools
Communication: High Speed Internet
Community Features: High Traffic Area
Features: Southern exposure, Visual exposure, Paved driveway
Ownership: Freehold
Parking Spaces: 15
Sign: Signband
Transaction: For sale
Zoning Description: LDR1-2

Building

BasementType: Full
Constructed Date: 1915
Constructed Material: Wood frame
Exterior Finish: Brick, Vinyl siding, Wood
Fireplace Present: False
Fire Protection: Alarm system, Security system
Foundation: Block
Size Exterior: 6153.0000
Size Interior: 6153 sqft
Stories Total: 2
Utility Water: Municipal water

Land

Access Type: Road access
Amenities: Schools
Sewer: Municipal sewage system
Size Depth: 116 ft
Size Frontage: 80 ft

REALTOR® MLS®
Listing provided by Royal LePage Meadowtowne Realty Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

This property for sale, located at 43 GUELPH Street in Georgetown, was last modified on November 21st, 2024. Let us connect you with the listing agent to schedule a viewing or to find other properties for sale in Georgetown.

43 GUELPH Street, Georgetown