Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers. 70 Mill Street, formerly a post office, is a stately residential heritage building featuring green space and surface on-site parking. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetowns cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex. 70-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. Survey's available. Taxes include BIA memberships.
MLS# | W12079012 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 11 |
Listing Provided By | ROYAL LEPAGE MEADOWTOWNE REALTY | W12079012 108801 |
Bath(s) | 12 |
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SQ Feet | 15,327 |
Acreage | 0.35 |
Province | ON |
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County | Halton |
City | Halton Hills |
Postal Code | L7G 2C9 |
Area | Georgetown |
Listing VS Median (In L7G 2C9) | |
Price: $3,500,000 low | high Med: $2,950,000 SqFt: 15,327 low | high Med: 10,672 $ / SqFt: $228 low | high Med: $314 On site: 11 low | high Med: 11.000000 |