265 KING STREET N,New Tecumseth (Alliston),Ontario,L9R1N3
For sale
$2,200,000
265 KING STREET N,New Tecumseth (Alliston),Ontario,L9R1N3
LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | N13774818 |
| Listing price | : | $2,200,000 |
| Listed on | : | 21-09-2026 |
| Property subtype | : | For sale |
| Square footage | : | 4000 sqft |
| Year built | : | 0000 |
| Listing office | : | REMAX YOUR COMMUNITY REALTY |
BEDROOM & BATHROOM
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |