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    For Sale - 28408 Highway 48 Road, Georgina, Ontario

    Est payment $9,119/mo
    Get pre-qualified
    Views   1
    Time on Jump  3 day

    AI Summary *

    • Rare 4.5-acre property with excellent highway exposure and visibility.
    • Established commercial tenants providing immediate income opportunities.
    • Five residential apartments offering additional income potential.
    • Flexible zoning allows for various retail and commercial developments.
    • Proximity to growing communities and year-round attractions near Lake Simcoe.




    Rare investment and redevelopment opportunity on highway 48 in georgina. Situated on approximately 4. 5 acres with approximately 463 feet of prominent highway exposure, this established mixed use property combines immediate income with substantial long term potential. The main level features established commercial uses, including circle k convenience store and coffee time, while the second floor contains five residential apartments. The building also includes a full basement and is identified as containing 16 rooms, 7 bedrooms, 9 washrooms and 6 kitchens. The large irregular parcel provides excellent visibility, ample on site space and flexibility for an investor, developer or owner user. The property is ru and c2 zoning, together with well and septic services. Subject to confirmation of zoning, servicing, environmental requirements and municipal approvals, the commercially zoned portion may support additional retail or restaurant space, professional or medical offices, a hotel or motel, automotive or fuel related uses, equipment or vehicle sales, commercial parking, storage and other highway commercial opportunities. Located in the pefferlaw and virginia area of eastern georgina, the property benefits from direct highway 48 access and proximity to growing residential communities, local businesses and the year round attractions of the lake simcoe region. This is a distinctive opportunity to acquire an established income producing property with recognizable commercial occupants, multiple residential units, substantial highway frontage and approximately 4. 5 acres of land. Financial information is available to qualified buyers upon execution of a confidentiality agreement. Buyers and their representatives are responsible for conducting their own due diligence regarding zoning, permitted uses, environmental condition, apartment legality, development potential and all applicable approvals.
    Listing IDN13864718
    Address28408 Highway 48 Road
    CityGeorgina, Ontario
    Price$1,899,000
    Bed / Bath7 / 9 Full
    Style2-Storey, Store W Apt/Office
    ConstructionAluminum Siding
    TypeResidential
    StatusFor Sale

    Subtype Store W Apt/OfficeIndoor Features NoneFeatures Irregular LotOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Septic

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    Listing Brokerage: EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    Loading...
    28408 Highway 48 Road
    Georgina , Ontario
    7 9 $1,899,000
    Get more info