Edin Taravati
Sales Representative
Homelife Landmark Realty Inc, Brokerage
Independently owned and operated.
7240 Woodbine, Markham, Ontario L3R 1A4
Cell: 647-233-7778Office: 905-305-1600
$2,400,000
Available - For Sale
Listing ID: W12404497
72 Mill Stre , Halton Hills, L7G 2C9, Halton
| 72-74 Mill Street, Georgetown is a multi-residential and commercial investment building that presents a rare opportunity to acquire a prominent piece of downtown Georgetown's future. Formerly known as the Roxy 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. The basement provides two shared washrooms for office tenants, and four commercial units are equipped with in-suite washrooms. 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 already home to successful condominium communities, with additional projects in planning stages. A notable example is the McGibbon on Main development, which is revitalizing Georgetowns historic McGibbon Hotel with a new luxury residential complex currently under construction.With a combination of stable rental income, solid operating returns, and significant redevelopment potential, 72-74 Mill Street offers investors an outstanding opportunity to secure both immediate income and long-term growth in one of Georgetowns most visible and evolving downtown locations. |
| Price | $2,400,000 |
| Taxes: | $16000.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 72 Mill Stre , Halton Hills, L7G 2C9, Halton |
| Postal Code: | L7G 2C9 |
| Province/State: | Halton |
| Legal Description: | PT LT 18, CON 9 ESQ, AS IN PART 1 OF 635 |
| Directions/Cross Streets: | East of Main Street South and Mill Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 6017.02 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 11542 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 10 |
| Outside Storage: | F |
| Rail: | N |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE MEADOWTOWNE REALTY |
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Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Halton |
| Municipality: | Halton Hills |
| Neighbourhood: | Georgetown |
| Approximate Age: | 51-99 |
| Tax: | $16,000 |
| Baths: | 10 |
| Fireplace: | N |
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