ON > Halton Hills (georgetown) > Georgetown
Halton Hills (georgetown), ON L7G2C9,72 MILL STREET
Halton Hills (georgetown), ON L7G2C9,72 MILL STREET
Halton Hills (georgetown), ON L7G2C9,72 MILL STREET
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,400,000
Est. payment /mo
10 Baths
6,017 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,017 sqft

Price per Sqft $398

Subdivision Georgetown

MLS® Listing ID W12404497

Lot Size 6,011 Sqft

Acres 0.138

Source Toronto Regional Real Estate Board

Property Description

72-74 Mill Street is a multi-residential and commercial investment building that presents an opportunity to acquire a prominent location in downtown Georgetown. Formerly known as the Gregory Theatre, this 11,542 square foot mixed-use building is zoned DC-1 and generates income from eight commercial offices and four residential units. The 72 Mill Street storefront features a modern metal frame with glass inserts and electronic door openers to meet AODA compliance, along with excellent street visibility, exterior signage exposure, and direct access to the Town of Halton Hills public parking lot for both tenants and visitors. Each residential unit is equipped with a 4 piece bathroo, and four commercial units are equipped with in-suite washrooms and the basement provides two shared washrooms for the public and office tenants. Supported by established long-term tenants, the property offers reliable rental income.The residential component at 74 Mill Street includes four apartments with a separate exterior entrance, ensuring privacy from the commercial spaces. A current survey is available, and property taxes include membership in the local Business Improvement Area (BIA). The property is further strengthened by its excellent downtown location, offering strong walkability, high visibility, and proximity to ongoing redevelopment projects. Mill Street is home to successful condominium communities, with additional projects in planning stages. A notable example is the McGibbon on Main development, which is revitalizing historic McGibbon Hotel with a new luxury residential complex currently under construction. With a combination of stable rental income, solid operating returns, and redevelopment potential, 72-74 Mill Street offers investors an outstanding opportunity to secure both income and long-term growth in Halton Hills most visible and evolving downtown locations. Also for sale is 70 Mill Street, a 12-unit apartment building that is immediately adjacent to 72-74 Mill St. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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