28408 Highway 48 Road, Georgina, ON

Name: 28408 Highway 48 Road, For Sale in Georgina - Zoocasa
Brand: EXP REALTY
SKU: N13864718
Price: 1899000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$1,899,000

790

MLS® N13864718

Overview

Key Facts

Type Mixed Use

Levels Residential

Size -

Garage None

Taxes $21,300

Days Active 19

Lot Size

Approx. Age

MLS® Number N13864718

Property Address: 28408 Highway 48 Road, Georgina, ON, L0E1E0

Average square foot calculated using Size range provided by listing agent.

Description

Rare investment and redevelopment opportunity on Highway 48 in Georgina. Situated on approximately 4.5 acres with approximately 463 feet of prominent highway exposure, this established mixed use property combines immediate income with substantial long term potential. The main level features established commercial uses, including Circle K convenience store and Coffee Time, while the second floor contains five residential apartments. The building also includes a full basement and is identified as containing 16 rooms, 7 bedrooms, 9 washrooms and 6 kitchens.The large irregular parcel provides excellent visibility, ample on site space and flexibility for an investor, developer or owner user. The property is RU and C2 zoning, together with well and septic services. Subject to confirmation of zoning, servicing, environmental requirements and municipal approvals, the commercially zoned portion may support additional retail or restaurant space, professional or medical offices, a hotel or motel, automotive or fuel related uses, equipment or vehicle sales, commercial parking, storage and other highway commercial opportunities. Located in the Pefferlaw and Virginia area of eastern Georgina, the property benefits from direct Highway 48 access and proximity to growing residential communities, local businesses and the year round attractions of the Lake Simcoe region. This is a distinctive opportunity to acquire an established income producing property with recognizable commercial occupants, multiple residential units, substantial highway frontage and approximately 4.5 acres of land.Financial information is available to qualified buyers upon execution of a confidentiality agreement. Buyers and their representatives are responsible for conducting their own due diligence regarding zoning, permitted uses, servicing, environmental condition, apartment legality, development potential and all applicable approvals.

MLS® NumberN13864718

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNone

Approx. Age

BasementFull

DrivewayGarage Type:None

Garage Spaces

HeatGas, Forced Air

A/COther

Extras

Map

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