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70 Victoria Street E New Tecumseth, Ontario L9R 1R2

14625 sqft
Fully Air Conditioned Forced Air

$4,349,999

70 Victoria St E 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 Level 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 it's Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Number on this Investment Property will Impress. (id:60365)

Property Details

MLS® Number N12753100
Property Type Retail
Community Name Alliston
ParkingSpaceTotal 20

Building

Age 31 To 50 Years
CoolingType Fully Air Conditioned
HeatingFuel Electric, Natural Gas
HeatingType Forced Air
SizeExterior 14625 Sqft
SizeInterior 14625 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 108 Ft
SizeFrontage 88 Ft
SizeIrregular Bldg=88 X 108 Ft
SizeTotalText Bldg=88 X 108 Ft
ZoningDescription Ucc

https://www.realtor.ca/real-estate/29317986/70-victoria-street-e-new-tecumseth-alliston-alliston

Tracey-Lynne M Allen
Salesperson


Century 21 Wenda Allen Realty
3455 Garrard Road Unit 7
Whitby, Ontario L1R 2N2

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