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
Address
70 Victoria Street E
List Price
$4,599,999
Property Type
Commercial
Type of Dwelling
Investment
Area
New Tecumseth
Sub-Area
Alliston
County
Simcoe
Lot Size Source
Other
Lot Depth
108
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
88
Approx. Age
31 - 50 Years
MLS® Number
N12019048
Listing Brokerage
CENTURY 21 WENDA ALLEN REALTY
Postal Code
L9R 1L2
Tax Amount
$14,056.00
Tax Year
2024
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Security Features
Partial