Rare investment and redevelopment opportunity on Highway 48 in Georgina. Situated on approximately 4.5 acres with approximately 463 feet of prominent highway exposure, this established mixed use property combines immediate income with substantial long term potential. The main level features establis...hed commercial uses, including Circle K convenience store and Coffee Time, while the second floor contains five residential apartments. The building also includes a full basement and is identified as containing 16 rooms, 7 bedrooms, 9 washrooms and 6 kitchens.The large irregular parcel provides excellent visibility, ample on site space and flexibility for an investor, developer or owner user. The property is RU and C2 zoning, together with well and septic services. Subject to confirmation of zoning, servicing, environmental requirements and municipal approvals, the commercially zoned portion may support additional retail or restaurant space, professional or medical offices, a hotel or motel, automotive or fuel related uses, equipment or vehicle sales, commercial parking, storage and other highway commercial opportunities. Located in the Pefferlaw and Virginia area of eastern Georgina, the property benefits from direct Highway 48 access and proximity to growing residential communities, local businesses and the year round attractions of the Lake Simcoe region. This is a distinctive opportunity to acquire an established income producing property with recognizable commercial occupants, multiple residential units, substantial highway frontage and approximately 4.5 acres of land.Financial information is available to qualified buyers upon execution of a confidentiality agreement. Buyers and their representatives are responsible for conducting their own due diligence regarding zoning, permitted uses, servicing, environmental condition, apartment legality, development potential and all applicable approvals.
Full Property Details
General
Business Type
-
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Bedrooms
7
Total Bedrooms
7
Washrooms
9
Square Footage
3500-5000 sqft
Basement
Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Other
Family Room
No
Kitchens
6
Total Kitchens
6
Fireplace Features
No
Bedrooms
7
Total Bedrooms
7
Washrooms
9
Square Footage
3500-5000 sqft
Basement
Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Other
Family Room
No
Kitchens
6
Total Kitchens
6
Fireplace Features
No
Exterior
Depth
394.0
Front
463.0
Acreage
2-4.99
Driveway
Circular Drive
Lot Size
463 x 394.0 ft
Pool
None
Parking Spaces
0
Total Parking Spaces
0.00
Parking Description
None
Garage Spaces
0
Zoning
Ru & C2
Depth
394.0
Front
463.0
Acreage
2-4.99
Driveway
Circular Drive
Lot Size
463 x 394.0 ft
Pool
None
Parking Spaces
0
Total Parking Spaces
0.00
Parking Description
None
Garage Spaces
0
Zoning
Ru & C2
Building Description
Style
2-Storey
Home Type
Commercial
Subtype
Store W/Apt/Office
Year Built
31-50
Property Orientation
North
Exterior Finish
Aluminum Siding
Sewers
Septic
Water Supply
Well
Possession Date
No Data
Style
2-Storey
Home Type
Commercial
Subtype
Store W/Apt/Office
Year Built
31-50
Property Orientation
North
Exterior Finish
Aluminum Siding
Sewers
Septic
Water Supply
Well
Possession Date
No Data
Community
Community
Virginia
Community
Virginia
Taxes & Fees
Taxes
$21,300 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$21,300 /yr
Tax Year
2025
Occupancy
Tenant
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