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70 Victoria E Street, New Tecumseth (Alliston), ON L9R1L2
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$4,599,999
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Home Details for 70 Victoria E Street
Price
$4,599,999
Type
Multi Family
Listing #
28024084
On exitrealty.com
300 days
Property 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 (id:31684)
- Heating Information
- Forced Air
- Electric
Listing Courtesy: CENTURY 21 WENDA ALLEN REALTY
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$4,599,999
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EXIT REALTY TRUE NORTH, BROKERAGE
1004B Carson Road, Suite 5, Springwater, ON L9X 0T1