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43 Guelph St

3,331 SF 100% Leased Retail Building Halton Hills, ON L7G 3Z6 $1,200,000 CAD ($360 CAD/SF)

Executive Summary

Commercial Property Investment Opportunity on Hwy 7 [Guelph St] in Georgetown with 1200 amp 600 volt 3 phase service. This two-story building includes fully tenant occupied five leasable retail and storage units. Positioned just east of Mill Street, the property offers outstanding visibility and access, along with ample parking for approximately 15 vehicles. A range of tenants a salon, a used clothing store, office space, storage, and a tattoo studio providing a stable source of income. The property site covers a total area of 8,966 square feet and benefits from legal, non-conforming zoning within the current Official Plan. It is located within the Mill Street Corridor, an area designated for strategic redevelopment as per the Georgetown GO Station Area Secondary Plan, which is an integral part of the Town of Halton Hills planning initiatives related to the implementation of the Sustainable Halton Plan. Its proximity to downtown Georgetown and the GO station enhances its appeal, making it a highly desirable investment for both current commercial use and future residential redevelopment projects. Access to the rear parking area from Guelph Street is via a Right of Way over the Town of Halton Hills Sewer Easement. According to the property survey, the eastern boundary of the lot meets this Sewer Easement at the end of the retaining wall. Current uses are permitted as Commercial Retail. Property is offered ""as is, where is"" without any representations or warranties. A Confidentiality Agreement must be submitted before receiving financial information. This is an excellent opportunity to invest in a property with substantial potential for growth in a thriving community.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
3,331 SF
Building Class
C
Year Built
1915
Price
$1,200,000 CAD
Price Per SF
$360 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.21 AC
Zoning
LDR-1 - Commercial legal non-conforming
Parking
8 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
193 ft on Guelph St

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CIBC
RBC Royal Bank
TD Canada Trust
CrossFit
Starbucks
Real Canadian Superstore
  • Listing ID: 32133829

  • Date on Market: 2024-06-14

  • Last Updated:

  • Address: 43 Guelph St, Halton Hills, ON L7G 3Z6

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