$2,799,000
20 Church ST N New Tecumseth, ON L9R 1S7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$2,799,000
Est. payment /mo
3 Baths
4,250 SqFt
UPDATED:
11/20/2024 02:38 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $658
MLS Listing ID N10431926
Annual Tax Amount $22,100
Tax Year 2024
Property Description
This newly renovated and well-maintained commercial property, located in the town of Alliston, New Tecumseth, boasts rare institutional zoning (DCC Use) on 0.762 acres of beautifully landscaped land, with tremendous development potential and a wide range of permitted uses. The one-storey brick building currently operates as a licensed childcare/daycare center with approximately 60 children enrolled. Purchasers have several options: 1) assume the tenant and collect steady rental income, 2) take over the existing students under your own license, expand business operations, and increase daycare revenue potential, or 3) request vacant possession upon closing. The property is ideally suited for a range of institutional and government uses, including daycares, preschools, private educational facilities, places of worship, retirement or long-term care homes, recreational centers, and more. On-site parking provides convenient access for families and staff, while the property's location in the vibrant community of Alliston ensures proximity to essential amenities and major highways. For those looking to maximize the potential, there may be options to expand the existing structure or explore land-use possibilities to fit future needs. This is an exceptional investment opportunity in a thriving area with flexibility for growth.
Location
Province ON
County Simcoe
Area Alliston
Interior
Heating Yes
Cooling No
Exterior
Garage Spaces 35.0
Utilities Available Yes
Others
Security Features Yes
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Listed by UPPERSIDE REAL ESTATE LIMITED
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