This Multi-unit Automotive Complex is situated on Guelph St / Hwy 7, Georgetown. The 1.28-acre property with income from established long-term tenants provides a secure, long-lasting investment opportunity. Corridor Commercial zoning allows for a variety of uses. Boasting 17,000+ SF, the plaza features 15 grade-level doors and one truck-level shipping door of various widths and lengths [approx. size provided rounded up]. There is ample parking for tenants and customers in the front and rear. The property is offered based on projected tenant income, the 2022 P&L statement, and without any express or implied warranties or representations. A proforma summary can be provided upon receipt of an accepted Confidentiality Agreement. The sale is on an AS IS, WHERE IS basis, without warranties, and excludes all Tenants' possessions, fixtures, and equipment. Closing is flexible, subject to existing Tenants. Unit 4 used by all tenants as common area, including the basement with offers a garage grade level entry. 4 Natural gas meters; 7 hydro meters, 5 pc piece washrooms with one separate shower area. Assortment of heating and cooling sources. All tenants are on a month to month lease terms. Please do not approach Tenants or their customers directly. The Vendor will consider VTB financing to qualified buyer. (id:47423)
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Detailed Information
Lot
200 x 290 ft
Communication Type
High Speed Internet
Community Features
High Traffic Area, Industrial Park
Features
Southern exposure, Paved driveway, Crushed stone driveway, Industrial mall/subdivision
Listing Contract Date
2023-09-09
Location Description
Guelph St aka Hwy 7.
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning Description
CC Corridor Commercial
Building
Basement Type
Partial
Constructed Date
1968
Exterior Finish
Brick
Fire Protection
Alarm system, Security system
Foundation Type
Block
Stories Total
1
Size (Exterior)
17256
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
1.28 acres
Access Type
Road access, Highway access
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
1.28
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