70 Victoria Street East, New Tecumseth | Image 1

70 Victoria Street East

New Tecumseth, Alliston

  • Commercial

$4,599,999
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: UCC

  • Age: 31-50 years

  • Taxes: 14056

  • MLS®#: N12019048

  • Days on Site: 1 Days

  • Added: Mar 13, 2025 (1 week ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: CENTURY 21 WENDA ALLEN REALTY

70 Victoria St East 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 Levels 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, Full Roof Replacement, 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 its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 31-50

  • Area: New Tecumseth

  • Community: Alliston

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Elec Forced Air

  • Elevator: None

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2024

  • Taxes: $14,056

  • Expenses: Act

  • Taxes Type: Annual

Land

  • Cross Street: Victoria St E & Cent

  • Municipality District: New Tecumseth

  • Lot Depth: 108 Feet

  • Lot Frontage: 88 Feet

  • Zoning: UCC

Additional Media

  • Virtual Tour: https://player.vimeo.com/video/1065044436

Shipping Doors

  • Clearing Height (ft): 40

Commercial Specific

  • Retail Area: 33

  • Retail Area Metric: %

  • Sprinklers: Part

  • Total Area: 14625

  • Total Area Metric: Sq Ft

  • Office Size: 66

  • Office Size Metric: %

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Survey: N

  • Soil Test: N

  • Financial Statement: Y

See 3D Tour of 70 Victoria Street East, New Tecumseth
Video Tour
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