14625 sqft
Fully Air Conditioned
Forced Air
$4,599,999
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 (id:53889)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | N12019048 |
| Property Type | Multi-family |
| Community Name | Alliston |
| ParkingSpaceTotal | 20 |
Building
| Age | 31 To 50 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeExterior | 14625 Sqft |
| SizeInterior | 14625 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 108 Ft |
| SizeFrontage | 88 Ft |
| SizeIrregular | Bldg=88 X 108 Ft |
| SizeTotalText | Bldg=88 X 108 Ft |
| ZoningDescription | Ucc |
Listing Office: CENTURY 21 WENDA ALLEN REALTY