72 Mill St, Home with 0 bedrooms, 10 bathrooms and null parking in Georgetown ON | Image 1

$2,400,000

72 Mill St, Georgetown, ON

Name: 72 Mill St, For Sale in Georgetown - eXp Commercial Brokerage
Brand: ROYAL LEPAGE MEADOWTOWNE REALTY
SKU: W12404497
Price: 2400000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $16,000

Days Active 0

Approx. Age

MLS® Number W12404497

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description

MLS® NumberW12404497

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatGas Forced Air Closed

A/CPartial

Heating Fuel

Extras

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