About Property

This multi-residential and commercial investment opportunity presents a rare chance to acquire a prominent piece of downtown Georgetowns future. Formerly known as the Roxy Theatre, this 11,542 square foot mixed-use property is zoned DC-1 and provides income from eight commercial offices and four residential units. 72 Mill Street features a modern metal frame with glass inserts and electronic door openers to meet AODA compliance. With excellent street visibility, exterior signage exposure to Mill Street, and direct access to the Town of Halton Hills public parking lot for both tenants and visitors. The basement level offers two washrooms for shared tenant use, while four of the commercial units are equipped with in-suite washrooms. The building is supported by established long-term tenants who contribute to stable income. 74 Mill Street contains the four residential apartments, accessible through a separate exterior entrance. A survey is available. Property taxes include membership in the Business Improvement Area (BIA). This investment is further strengthened by its excellent downtown location with strong walkability and community visibility. Mill Street is already home to successful residential condominium projects, with additional developments currently in planning stages. One notable example is the McGibbon on Main development, which is revitalizing Georgetowns historic McGibbon Hotel with a new luxury residential complex currently under construction. With a combination of stable rental income, solid operating returns, and significant redevelopment potential, this property offers investors an outstanding opportunity to secure both immediate income and long-term growth in one of Georgetowns most visible and evolving downtown locations.

Features