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    For Sale - 70 Victoria Street, New Tecumseth, Ontario

    Est payment $20,888/mo
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    Views   3
    Time on Jump  61 day

    AI Summary *

    • Highly visible mixed-use building in a prime location with foot traffic.
    • Solid long-term retail leases from established franchise chains and a cannabis retailer.
    • Upper level features 8 spacious 2-bedroom apartments with den.
    • Over $250K in renovations since 2021, improving common areas and infrastructure.
    • Expansive parking and strong community reputation with redevelopment potential.




    70 victoria st e located in the heart of alliston is a prime mixed-use building that is highly sought-after due to its premium visibility & foot traffic. Solid retail long term leases with extensive leasehold improvements. $$million$$ invested in the 4 retail units. Franchise chains, champs burgers, mac n' wings, pizzaiola along with well respected cannabis retailer green grove. All long-term leases @ premium retail rents. Upper level features 8 large 2 bedroom + den fully contained apartments. Very well-maintained building. Over $250k in building renovations since 2021. Including common area upgrades, hot water tanks, parking lot resurfacing, all rooftop units replaced, full apartment renos and much more. Expansive front and rear parking areas. 6 of the 8 residential leases are below market & month-to-month. Tons of upside potential as this building has a fantastic reputation within the community, plus it's unbeatable location! Massive potential for redevelopment in the future if so desired. The number on this investment property will impress.
    Listing IDN12753100
    Address70 Victoria Street
    CityNew Tecumseth, Ontario
    Price$4,349,999
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Electric Forced AirSewer Sanitary+Storm

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    Listing Agency:  CENTURY 21 WENDA ALLEN 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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    70 Victoria Street
    New Tecumseth , Ontario
    $4,349,999
    Get more info