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70 Victoria Street E

New Tecumseth (Alliston), Ontario, L9R1L2

$4,349,999

MLS®#: N12019048
14625
Sq. Ft.
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:10317)

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Property Details
Status: For sale
Address: 70 VICTORIA STREET E, New Tecumseth (Alliston), L9R1L2
MLS: N12019048
Lot Size: Bldg=88 x 108 FT
Heating: Forced air, Electric
Cooling: Fully air conditioned
Water: Municipal water
Floor Space: 14625
Lot Size: Bldg=88 x 108 FT
Agency: Courtesy of CENTURY 21 WENDA ALLEN REALTY
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