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$ 2,400,000
Est. payment | /mo
6,017 SqFt
$ 2,400,000
Est. payment | /mo
6,017 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,017 sqft
Price per Sqft $398
Subdivision Georgetown
MLS® Listing ID W12078815
Lot Size 6,011 Sqft
Acres 0.138
Source Toronto Regional Real Estate Board
Property Description
Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetowns cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex.70-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://www.winsold.com/tour/386558/branded/3676
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
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Gabriela Humeniuk
Real Broker