70 Victoria Street E, New Tecumseth (Alliston), Ontario L9R 1L2 (28024084)
$4,599,999
70 Victoria St East Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Levels Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, Full Roof Replacement, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as This Building Has a Fantastic Reputation Within the Community, PLUS its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers (id:54662)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | N12019048 |
| Property Type | Multi-family |
| Community Name | Alliston |
| Parking Space Total | 20 |
Building
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Exterior | 14625 Sqft |
| Size Interior | 14,625 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 108 Ft |
| Size Frontage | 88 Ft |
| Size Irregular | Bldg=88 X 108 Ft |
| Size Total Text | Bldg=88 X 108 Ft |
| Zoning Description | Ucc |
Interested in 70 Victoria Street E, New Tecumseth, Ontario L9R 1L2?
Mark Micheal Shaver
Salesperson
goldteam21.ca/
(905) 649-3900
(905) 579-1309