Georgetown, ON L7G 4B6,345 - 347 Guelph Street
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Georgetown, ON L7G 4B6,345 - 347 Guelph Street
Georgetown, ON L7G 4B6,345 - 347 Guelph Street
Georgetown, ON L7G 4B6,345 - 347 Guelph Street
Georgetown, ON L7G 4B6,345 - 347 Guelph Street

$3,800,000

Est. payment /mo

$4,200,000

9.5%
Est.Price: ?

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345 - 347 Guelph Street Georgetown, ON L7G 4B6

17,256 SqFt

SOLD DATE : 01/09/2024

Key Details

Sold Price $3,800,000

Property Type Commercial

Sub Type Retail,Building and Land

Listing Status Sold

Purchase Type For Sale

Square Footage 17,256 sqft

Price per Sqft $220

MLS Listing ID 40480922

Sold Date 01/09/24

Abv Grd Liv Area 17,256

Originating Board Guelph & District

Year Built 1968

Annual Tax Amount $32,354

Lot Size 1.280 Acres

Acres 1.28

Property Description

This Multi-unit Automotive Complex is situated on Guelph St / Hwy 7, Georgetown. The 1.28-acre property with income from established long-term tenants provides a secure, long-lasting investment opportunity. Corridor Commercial zoning allows for a variety of uses. Boasting 17,000+ SF, the plaza features 15 grade-level doors and one truck-level shipping door of various widths and lengths [approx. size provided rounded up]. There is ample parking for tenants and customers in the front and rear. The property is offered based on projected tenant income, the 2022 P&L statement, and without any express or implied warranties or representations. A proforma summary can be provided upon receipt of an accepted Confidentiality Agreement. The sale is on an AS IS, WHERE IS basis, without warranties, and excludes all Tenants' possessions, fixtures, and equipment. Closing is flexible, subject to existing Tenants. Unit 4 used by all tenants as common area, including the basement with offers a garage grade level entry. 4 Natural gas meters; 7 hydro meters, 5 pc piece washrooms with one separate shower area. Assortment of heating and cooling sources. All tenants are on a month to month lease terms. Please do not approach Tenants or their customers directly. The Vendor will consider VTB financing to qualified buyer.

Location

Province ON

County Halton

Area 3 - Halton Hills

Zoning CC Corridor Commercial

Direction Guelph St aka Hwy 7.

Rooms

Basement Partial

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Exterior Feature Dock Height Loading, Grade Loading, Inside Loading, Storage

Parking Features Attached Garage, Asphalt, Built-In, Gravel, Truck Yard, Guest

Garage Spaces 14.0

Utilities Available Electricity Connected, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected

Street Surface Paved

Lot Frontage 200.0

Lot Depth 290.06

Garage No

Building

Lot Description Irregular Lot, Ample Parking, Business Centre, High Traffic Area, Highway Access, Industrial Mall, Industrial Park

Faces Guelph St aka Hwy 7.

Story 1

Foundation Block, Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Board & Batten Siding,Cement Siding

New Construction No

Others

Senior Community false

Tax ID 250590049

Ownership Freehold/None

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Listed by Royal LePage Meadowtowne Realty Brokerage

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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