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43 GUELPH Street, GEORGETOWN
2024-06-13
Quick Summary
MLS®#40604588
Property Description
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 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. 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. All month to month Tenants. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Schools
Building
- Basement Type: Full
- Exterior Finish: Brick, Vinyl siding, Wood
- Fireplace: No
- Interior Size: 6153 sqft
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Southern exposure, Visual exposure, Paved driveway
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: LDR1-2
Information entered by Royal LePage Meadowtowne Realty Brokerage
Listing information last updated on: 2024-09-19 00:28:15
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