For Sale - 23721 Highway 48 N/A, Georgina, Ontario

Est payment $28,274/mo
Views   3
Time on Jump  13 day
  • Prime location on Highway 48 with excellent visibility for businesses.
  • Over 10 acres of land with multiple potential uses for the future.
  • 38,234 sq. ft of leased space generating strong returns from 9 tenants.
  • Recently leased unit with a 10-year term, ensuring stable income.
  • Includes a renovated 19-room motel business for immediate or future use.



A great commercial opportunity on highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin plaza consist of 10. 65 acres with 38. 234 sq. Ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from national coffee shop to restaurants, convenient store, gym, motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft motel business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.
Listing IDN12880728
Address23721 Highway 48 N/A
CityGeorgina, Ontario
Price$5,888,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Propane Gas
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Listing Agency:  HOMELIFE/BAYVIEW REALTY INC.

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23721 Highway 48 N/a
Georgina , Ontario
$5,888,000
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