23721 Highway 48, Georgina (Baldwin) - Retail for Sale
23721 Highway 48, Georgina (Baldwin), Ontario, L0E1A0
11 ft²10 acres lot sizeListed 236 days ago
Overview
$5,888,000
Georgina
23721 Highway 48, Georgina (Baldwin), Ontario, L0E1A0
$5,888,000
Georgina
This retail property in Georgina is for sale offering roughly 11 sq ft of space.
A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price. (id:66096)
Long Listed: 236 days on market, against an average age of 85 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Georgina (Baldwin) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,888,000, about 65.4× the local median household income of $90,000.
Carrying it typically needs a household income of about $1,150,133 (20% down, 25-yr amortization, stress-tested) — roughly 1178% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0E)
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