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70 Victoria Street New Tecumseth, Ontario

PROPERTY INFO

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, All Rooftop Units Replaced, 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:4555)

PROPERTY SPECS

Price $4,349,999
City New Tecumseth, Ontario
Address 70 Victoria Street
Listing ID N12753100
Square Footage 14625
Style Multi-Family
Parking 20.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Heating / Cooling Forced air, Electric, Natural gas Parking 20.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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