72-74 Mill Street Active Save Request In-Person Tour Request Virtual Tour
Georgetown,ON L7G 2C9
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,542 sqft
Price per Sqft $207
MLS Listing ID 40716174
Abv Grd Liv Area 11,542
Originating Board Barrie
Annual Tax Amount $16,000
Property Sub-Type Mixed,Building and Land
Property Description
Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers.
70 Mill Street, formerly a post office, is a stately 12-unit residential heritage building featuring green space and surface on-site parking. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Together, these properties present a premier redevelopment opportunity in a rapidly evolving area of the Town of Halton Hills. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetown's cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex, anticipated for occupancy in January 2026. Basement offers two washrooms to serve office tenants, three [3] of the four [4] commercial units are equipped with in-suite washrooms. The second floor hallway has carpet installed on hallway and staircase. Good long-term commercial tenants. The buildings provide strong holding income, making this a solid investment for both immediate returns and future growth. T0-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. Excellent downtown location with strong walkability and community visibility. Surveys available. Taxes include BIA membership
Location
Province ON
County Halton
Area 3 - Halton Hills
Zoning DC1
Direction Downtown Georgetown Hwy 7 [Guelph St] Mill St and Main St S
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Parking Features Public,Guest
Utilities Available Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup
Lot Frontage 60.0
Lot Depth 100.13
Garage No
Building
Lot Description Rectangular,City Lot,High Traffic Area,Public Transit,Schools,Visual Exposure
Faces Downtown Georgetown Hwy 7 [Guelph St] Mill St and Main St S
Story 3
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Board & Batten Siding,Brick Veneer
New Construction No
Others
Senior Community false
Tax ID 250420125
Ownership Freehold/None
Virtual Tour https://www.winsold.com/tour/386558