70 Victoria Street,New Tecumseth, ON L9R 1L2
New Tecumseth, ON L9R 1L2
Description
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
Details
| MLS # | N12019048 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 100 |
| Listing Provided By | CENTURY 21 WENDA ALLEN REALTY | N12019048 016200 |
Features
| SQ Feet | 14,625 |
|---|---|
| Acreage | 0.34 |
Interior
| Cooling | Yes |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe |
| City | New Tecumseth |
| Postal Code | L9R 1L2 |
| Area | Alliston |
| Listing VS Median (in L9R 1L2) | |
Price: $4,349,999 low | high Med: $4,349,999 SqFt: 14,625 low | high Med: 14,625 $ / SqFt: $297 low | high Med: $297 On site: 100 low | high Med: 100.000000 | |