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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,899,000
Available - For Sale
Listing ID: N13864718
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.
Price $1,899,000
Taxes: $21,300
Occupancy by: Tenant
Address: 28408 Highway 48 Road , Georgina, L0E 1E0, York
Acreage: 2-4.99
Directions/Cross Streets: Hwy 48 & Cronsberry
Rooms: 16
Bedrooms: 7
Bedrooms +: 0
Washrooms: 9
Family Room: F
Basement: Full
No. of Pieces Level
Washroom 1:  4
Washroom 2:  2
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  2
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4
Washroom 12:  2
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4
Washroom 17:  2
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Property Type: Store W Apt/Office
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Circular D
Drive Parking Spaces: 0
Park #1
Parking Type: Circular D
Park #2
Parking Type: Circular D
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
Utilities-Cable: Y
Utilities-Hydro: Y
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EXP REALTY

28408 Highway 48 Road , Georgina, L0E 1E0, York

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Store W Apt/Office
Area: York
Municipality: Georgina
Neighbourhood: Virginia
Style: 2-Storey
Lot Size: x 394.00(Feet)
Approximate Age: 31-50
Tax: $21,300
Maintenance Fee: $0
Beds: 7
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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