Description
This Multi-unit Automotive Plaza is located on Guelph St / Hwy 7, Georgetown. 1.28-acre [200ft x 290ft] lot with income from existing long-term tenants offers a great stable long-term investment. Corridor Commercial [previously M2] zoning permits many uses. More than 17,000 SF featuring 14 grade-level bay doors and 1 truck-level shipping door. Ample tenant and customer parking in front and rear. The property is offered on projected tenant income, 2022 P&L statement, and with no expressed implied warranties or representations. A Proforma summary is available upon accepted receipt of a completed Confidentiality Agreement. Offered AS IS WHERE IS without warranties. Sale excludes all Tenants' belongings, chattels, and equipment. Flexible closing assuming existing tenants. Existing survey on file. All 3 tenants are on month-to-month lease agreements. Unit 4 used as a common storage area for existing tenants plus a basement. 4 Natural meters and 7 separate electrical meters. 3 phase.
Extras: Please do not approach Tenants.
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0BEDS
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N/AACRES
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5BATHS
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01/2 BATHS
School Ratings & Info
Description
This Multi-unit Automotive Plaza is located on Guelph St / Hwy 7, Georgetown. 1.28-acre [200ft x 290ft] lot with income from existing long-term tenants offers a great stable long-term investment. Corridor Commercial [previously M2] zoning permits many uses. More than 17,000 SF featuring 14 grade-level bay doors and 1 truck-level shipping door. Ample tenant and customer parking in front and rear. The property is offered on projected tenant income, 2022 P&L statement, and with no expressed implied warranties or representations. A Proforma summary is available upon accepted receipt of a completed Confidentiality Agreement. Offered AS IS WHERE IS without warranties. Sale excludes all Tenants' belongings, chattels, and equipment. Flexible closing assuming existing tenants. Existing survey on file. All 3 tenants are on month-to-month lease agreements. Unit 4 used as a common storage area for existing tenants plus a basement. 4 Natural meters and 7 separate electrical meters. 3 phase.
Extras: Please do not approach Tenants.