345 - 347 Guelph Street Georgetown, Ontario L7G 4B6
$4,200,000
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:55498)
Property Details
| MLS® Number | 40480922 |
| Property Type | Retail |
| Neigbourhood | 1046 - GE Georgetown |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area, Industrial Park |
| Features | Southern Exposure, Paved Driveway, Crushed Stone Driveway, Industrial Mall/subdivision |
Building
| Basement Type | Partial |
| Constructed Date | 1968 |
| Exterior Finish | Brick |
| Fire Protection | Alarm System, Security System |
| Foundation Type | Block |
| Stories Total | 1 |
| Size Exterior | 17256.0000 |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Access Type | Road Access, Highway Access |
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Depth | 290 Ft |
| Size Frontage | 200 Ft |
| Size Irregular | 1.28 |
| Size Total | 1.28 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.28 Ac|1/2 - 1.99 Acres |
| Zoning Description | Cc Corridor Commercial |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26036468/345-347-guelph-street-georgetown
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October 27 2023 09:00:05
Guelph & District Association of REALTORS®
Royal LePage Meadowtowne Realty Brokerage
