1 Acres
Fully Air Conditioned
Forced Air
$5,950,000
Positioned on the high-traffic Guelph Street (Highway 7) commercial corridor in the heart of Georgetown, King's Cove Place offers a rare opportunity to acquire a well-established, income-producing retail plaza in one of the GTA's fastest-growing communities. This two-building, single-storey retail centre spans 9,413 square feet across eight units on a 0.764-acre site with 211 feet of frontage and on-site parking for tenants and customers. Built in 2014 and renovated in 2021, the plaza is anchored by a strong, diversified tenant mix including a national financial institution branch, an established dental/medical practice, a health and rehabilitation clinic, and a selection of personal service and specialty retail/food tenants - all on triple-net leases that pass through operating costs, insurance, and property taxes.Zoned GCN3 (44) under the Town of Halton Hills Official Plan's Mixed-Use Sub-Area designation, the property offers long-term intensification potential in addition to its stable, in-place income. Located approximately 1 km from Georgetown GO Station (Kitchener Line) and directly on Highway 7 connecting to Guelph, Brampton, and the broader 400-series highway network, King's Cove Place benefits from strong visibility and accessibility. (id:63476)
Business
|
Business Type |
Retail and Wholesale |
|
Business Sub Type |
Retail misc. |
Property Details
|
MLS® Number |
W13617814 |
|
Property Type |
Retail |
|
Community Name |
Georgetown |
Building
|
Age |
6 To 15 Years |
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Interior |
1 Acres |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
143 Ft |
|
Size Frontage |
211 Ft ,2 In |
|
Size Irregular |
0.764 |
|
Size Total |
0.764 Ac |
|
Size Total Text |
0.764 Ac |
|
Zoning Description |
Gcn3(44) |