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$2,400,000

Est. payment - /mo

10 Baths

Active

72 Mill ST Halton Hills, ON L7G 2C9

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Georgetown

MLS Listing ID W12404497

Annual Tax Amount $16,000

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 100.13

Lot Front 60.01

Property Description

72-74 Mill Street is a multi-residential and commercial investment building that presents an opportunity to acquire a prominent location in downtown Georgetown. Formerly known as the Gregory Theatre, this 11,542 square foot mixed-use building is zoned DC-1 and generates income from eight commercial offices and four residential units. The 72 Mill Street storefront features a modern metal frame with glass inserts and electronic door openers to meet AODA compliance, along with excellent street visibility, exterior signage exposure, and direct access to the Town of Halton Hills public parking lot for both tenants and visitors. Each residential unit is equipped with a 4 piece bathroom, and four commercial units are equipped with in-suite washrooms and the basement provides two shared washrooms for the public and office tenants. Supported by established long-term tenants, the property offers reliable rental income. The residential component at 74 Mill Street includes four apartments with a separate exterior entrance, ensuring privacy from the commercial spaces. A current survey is available, and property taxes include membership in the local Business Improvement Area. The property is further strengthened by its excellent downtown location, offering strong walkability, high visibility, and proximity to ongoing redevelopment projects. Mill Street is home to successful condominium communities, with additional projects in planning stages. A notable example is the McGibbon on Main development, which is revitalizing historic McGibbon Hotel with a new luxury residential complex currently under construction. With a combination of stable rental income, solid operating returns, and redevelopment potential, 72-74 Mill Street offers investors an outstanding opportunity to secure both income and long-term growth in Halton Hills most visible and evolving downtown locations. Also for sale is 70 Mill Street, a 12-unit apartment building that is immediately adjacent to 72-74 Mill St.

Location

Province ON

County Halton

Area Halton

Interior

Cooling Partial

Exterior

Community Features Major Highway

Utilities Available Available

Lot Frontage 60.01

Lot Depth 100.13

Building

Building Age 51-99

Others

Security Features No

ParcelsYN No

Virtual Tour https://www.winsold.com/tour/426465

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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