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43 GUELPH Street
Georgetown Ontario , L7G3Z6 , Canada
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$1,200,000.00
MLS® 40604588
Commercial
Lot Frontage: 80.0 Feet
Lot Depth: 116.0 Feet
No. of Parking Spaces: 15
Built in: 1915
Zoning: LDR1-2
Remarks:
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:7526)

Property Features:
  • Access Type: Road access
  • Amenities Nearby: Schools
  • Communication Type: High Speed Internet
  • Community Features: High Traffic Area
  • Features: Southern exposure , Visual exposure , Paved driveway
  • OwnershipType: Freehold
  • Property Type: Retail
  • Sewer: Municipal sewage system
  • Sign Type: Signband
  • Utility Type: Natural Gas - Available
Building Features:
  • Basement Type: Full
  • Construction Material: Wood frame
  • Exterior Finish: Brick , Vinyl siding , Wood
  • Fire Protection: Alarm system , Security system
  • Foundation Type: Block

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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