Royal Lepage Meadowtowne Realty Inc., Brokerage

$3,500,000

70 Mill Street, Georgetown, Ontario

10 Bedrooms

12 Bathrooms

9474 Sqft

Property

MLS® Number: 40716128

Address: 70 Mill Street

City: Georgetown

Exterior: Brick, Stone

View Media

Utilities

Heating: Natural Gas, Radiant

Parking

Parking Spaces: 15

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 12 Unit heritage building featuring green space and surface on-site parking. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Together, these properties present a potential redevelopment opportunity in a rapidly evolving area of the Town of Halton Hills. 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 Georgetown’s 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. Taxes reflected BIA membership. 72-74 Mill St must be sold with 70 Mill St. 70 Mill St is listed Heritage. Surveys available. This prime downtown location is within walking distance to the library., boutique shops, restaurant and the seasonal Farmer's market (May to October). Public parking is nearby and GO Bus services connect to GO Train for easy commuting.

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Robert Violo
Robert Violo

REALTOR®

RE/MAX Escarpment Realty Inc

Contact Robert Violo