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. 70 Mill Street, formerly a post office, is a stately residential heritage building featuring green space and surface on-site parking. 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. Survey's available. Taxes include BIA memberships. (id:4069)
Address
70 MILL STREET
List Price
$3,500,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Halton Hills (georgetown)
Bathrooms
12
Floor Area
15,328 Sq. Ft.
Lot Size
105 FT ; 58.90 x108.14 x120.16 x 100.85 x 93.66 Sq. Ft.
MLS® Number
W12079012
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Postal Code
L7G2C9
Zoning
Downtown Core One DC1
Site Influences
Highway
Features
Irregular lot size, Conservation/green belt