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43 Guelph Street Georgetown, Ontario L7G 3Z6

6153 sqft

$1,200,000

Investment Opportunity on Hwy 7 [Guelph St] 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 tenantsa salon, a used clothing store, office space, storage, and a tattoo studioproviding a stable source of income. 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 redevelopment 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. All month to month Tenants. Please do not go direct and do not walk the property, or approach the tenants or staff on site. (id:51194)

Property Details

MLS® Number 40604588
Property Type Retail
Amenities Near By Schools
Communication Type High Speed Internet
Community Features High Traffic Area
Features Southern Exposure, Visual Exposure, Paved Driveway
Parking Space Total 15
Sign Type Signband

Building

Basement Type Full
Constructed Date 1915
Construction Material Wood Frame
Exterior Finish Brick, Vinyl Siding, Wood
Fire Protection Alarm System, Security System
Foundation Type Block
Stories Total 2
Size Exterior 6153.0000
Size Interior 6153 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 116 Ft
Size Frontage 80 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ldr1-2

Utilities

Natural Gas Available

https://www.realtor.ca/real-estate/27035024/43-guelph-street-georgetown

Interested?

Contact us for more information


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Denise Dilbey
Broker

(416) 919-9802
www.link2realestate.ca/
www.linkedin.com/in/link2realestate/

Royal LePage Meadowtowne Realty Brokerage
324 Guelph Street Unit # 12
Georgetown, Ontario L7G 4B5

(905) 877-8262
www.meadowtowne.com/

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