Property Information:
Commercial Property Investment Opportunity on Hwy 7 [Guelph St] in Georgetown. This two-story building includes fully tenant occupied five leasable 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 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 before receiving financial information. This is an excellent opportunity to invest in a property with substantial potential for growth in a thriving community. **** EXTRAS **** Property is offered \"as is, where is\" without any representations or warranties. All month to month Tenants must be assumed on closing. Please do not go direct and do not walk the property, or approach the tenants or staff on site. (id:27)
Building Features:
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Style:
Business
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Air Conditioning:
Yes
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Fully air conditioned
