ON > New Tecumseth > Alliston
New Tecumseth, ON L9R 1L2,70 Victoria ST E
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New Tecumseth, ON L9R 1L2,70 Victoria ST E
New Tecumseth, ON L9R 1L2,70 Victoria ST E
New Tecumseth, ON L9R 1L2,70 Victoria ST E
New Tecumseth, ON L9R 1L2,70 Victoria ST E
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 4,349,999
Est. payment /mo
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Active

70 Victoria ST E New Tecumseth, ON L9R 1L2

14,625 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 14,625 sqft

Price per Sqft $297

Subdivision Alliston

MLS Listing ID N12019048

Building Age 31-50

Annual Tax Amount $14,056

Tax Year 2024

Property Sub-Type Investment

Lot Depth 108.0

Lot Front 88.0

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

Location

Province ON

County Simcoe

Community Alliston

Area Simcoe

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 88.0

Lot Depth 108.0

Others

Security Features Partial

Virtual Tour https://player.vimeo.com/video/1065044436

Listed by CENTURY 21 WENDA ALLEN REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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70 Victoria ST E

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