Positioned on the high-traffic Guelph Street (Highway 7) commercial corridor in the heart of Georgetown, King's Cove Place offers a rare opportunity to acquire a well-established, income-producing retail plaza in one of the GTA's fastest-growing communities. This two-building, single-storey retail centre spans 9,413 square feet across eight units on a 0.764-acre site with 211 feet of frontage and on-site parking for tenants and customers. Built in 2014 and renovated in 2021, the plaza is anchored by a strong, diversified tenant mix including a national financial institution branch, an established dental/medical practice, a health and rehabilitation clinic, and a selection of personal service and specialty retail/food tenants - all on triple-net leases that pass through operating costs, insurance, and property taxes.Zoned GCN3 (44) under the Town of Halton Hills Official Plan's Mixed-Use Sub-Area designation, the property offers long-term intensification potential in addition to its stable, in-place income. Located approximately 1 km from Georgetown GO Station (Kitchener Line) and directly on Highway 7 connecting to Guelph, Brampton, and the broader 400-series highway network, King's Cove Place benefits from strong visibility and accessibility. (id:4069)
Address
158 GUELPH STREET
List Price
$5,950,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Halton Hills (georgetown)
Floor Area
1 Sq. Ft.
Lot Size
0.764 Sq. Ft.
Lot Depth
143 ft
Frontage Length
211 ft ,2 in
MLS® Number
W13617814
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
L7G4A6
Zoning
GCN3(44)
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Fully air conditioned
Water Source
Municipal water
