70 Victoria Street E, New Tecumseth, Ontario L9R 1R2

Listed for:
$4,349,999
0 beds
0 baths
Listed 12 days ago
Multi-Family for rent: 70 Victoria Street E, New Tecumseth, Ontario L9R 1R2

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About

Victoria St E & Centre St 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:27476)

Property Highlights

MLS® Number
N12753100
Type
Multi-family
Community Name
Alliston
Land Size
Bldg=88 x 108 FT
Parking Space Total
20

Building

Building Type
Multi-Family
Square Footage
14625 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric, Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
CENTURY 21 WENDA ALLEN REALTY
MLS® number:
N12753100
Agent:
Tracey-lynne M Allen
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