23721 Highway 48, Georgina, ON L0E 1A0

$5,888,000

Commercial Retail
MLS® N12880728

Listing Brokerage: HOMELIFE/BAYVIEW REALTY INC.

Description

A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.

Property details

MLS® number: N12880728
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Baldwin
City: Georgina
Building area: 10.65 Acres
Lot width: 706.93 Feet
Lot depth: 611.7 Feet
Heating: Propane Gas
Cooling: Yes
Garage: Outside/Surface
Taxes: $37,817.32
Tax year: 2025
Business type: Service Related
Retail area: 38.234
Listing brokerage: HOMELIFE/BAYVIEW REALTY INC.

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