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Home ON Greater Toronto Area Halton Hills
72-74 MILL Street
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72-74 MILL Street $2,400,000
$2,400,000
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72-74 MILL Street
Georgetown, Ontario L7G2C9

MLS® Number: 40716174

Listing Description

Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together as is, where is, each listed separately with individual MLS numbers. 70 Mill Street, formerly a post office, is a stately 12-unit residential heritage building featuring green space and surface on-site parking. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Together, these properties present a premier redevelopment opportunity in a rapidly evolving area of the Town of Halton Hills. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetown’s cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex, anticipated for occupancy in January 2026. Basement offers two washrooms to serve office tenants, three [3] of the four [4] commercial units are equipped with in-suite washrooms. The second floor hallway has carpet installed on hallway and staircase. Good long-term commercial tenants. The buildings provide strong holding income, making this a solid investment for both immediate returns and future growth. T0-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. Excellent downtown location with strong walkability and community visibility. Surveys available. Taxes include BIA membership (68875430)

Location Description

Downtown Georgetown Hwy 7 [Guelph St] Mill St and Main St S

Property Summary

Property Type
Other
Storeys
3
Subdivision Name
1046 - GE Georgetown
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$16,000
Total Parking Spaces
8
Time on REALTOR.ca
17 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Visual exposure
Foundation Type
Block
Fire Protection
Security system
Rental Equipment
Water Heater
Utilities
Utility Type
Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer
Business
Sign Type
Signband
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Schools
Parking
Total Parking Spaces
8

Measurements

Square Footage
11542 sqft
Exterior Building Size
11542 sqft

Land

Lot Features
Frontage
60 ft
Land Depth
100 ft
Other Property Information
Zoning Description
DC1
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
Denise Dilbey