17 Mill Street E Acton, Ontario - MLS#: 40543489
$1,800,000
Ultra-unique mixed use property in prime Downtown Acton location. MASSIVE property with commercial retail frontage with 2 apartments PLUS a separate residential 4plex all on the SAME property. Both commercial units have been extensively renovated, plus new AC unit, plumbing updates, sprinklers, 2 AC/Heat pumps, 2 roofs, ERV system. Development opportunity exists with current 4plex. Attractive DC1 zoning allows for a wide range of uses: retail, office, restaurant, services. Residential unit mix: 2 X 1-BR unit, 3 x 1-BR, 1 x 2-BR. (id:51158)
Unique Mixed-Use Property in Downtown Acton
Explore the possibilities with this one-of-a-kind property located at 17 MILL Street E in Acton. Whether you’re looking for a commercial investment opportunity, residential property, or a combination of both, this property ticks all the boxes. With its prime Downtown Acton location and attractive features, this property stands out as a versatile option for investors and buyers alike.
Key Features:
- Massive Property with Commercial Retail Frontage
- Two Renovated Commercial Units
- Development Opportunity with 4plex
- Varied Residential Unit Mix
- Prime Downtown Acton Location
**Massive property** with ample space for **commercial retail frontage** offers plenty of opportunities for businesses looking for high visibility and foot traffic. The spacious layout allows for versatile use, making it ideal for various types of retail establishments.
**Two commercial units** on the property have undergone extensive renovations to provide modern and attractive spaces for businesses. With updates such as new AC units, plumbing upgrades, sprinkler systems, AC/Heat pumps, and new roofs, these units are move-in ready for tenants.
The property includes a **residential 4plex** that presents a development opportunity for investors looking to maximize the potential of the land. The **attractive DC1 zoning** allows for a wide range of uses, including retail, office, restaurant, and services, providing flexibility for future development.
The residential units on the property offer a mix of **1-bedroom** and **2-bedroom** configurations, catering to different needs and preferences of potential tenants. This variety enhances the rental potential of the property, appealing to a diverse range of tenants.
Located in the **heart of Downtown Acton**, the property enjoys a central location with easy access to amenities, public transportation, and major roadways. This prime location enhances the property’s appeal and investment potential, making it a sought-after choice for buyers.
Questions and Answers:
Q: What types of businesses can operate in the commercial units?
A: The **commercial units** are suitable for a wide range of businesses, including retail stores, offices, restaurants, and service providers. The **attractive DC1 zoning** allows for versatile use, making it convenient for businesses of various types to operate on the property.
Q: Are the residential units currently occupied?
A: The occupancy status of the **residential units** may vary, but with the **wide range of unit sizes** available, there are ample opportunities to attract tenants and generate rental income. Investors can explore the potential of the residential units based on market demand and rental trends.
Q: Is there potential for further development on the property?
A: The property offers **development opportunities** with the existing **residential 4plex** and the **attractive zoning** that allows for a mix of commercial and residential uses. Investors can explore options to maximize the property’s potential through renovation, expansion, or redevelopment based on their goals and vision.
Q: What amenities and services are available in the vicinity of the property?
A: The **prime Downtown Acton location** provides easy access to amenities such as shops, restaurants, public transportation, parks, and more. Tenants and businesses on the property can benefit from the **convenience** of the location, enhancing their overall experience and satisfaction.
Q: How does the property’s location contribute to its investment potential?
A: The **central location** of the property in Downtown Acton increases its **visibility** and **accessibility**, attracting both tenants and customers to the **commercial units**. The **thriving environment** of the area, along with its **growth potential**, makes the property a desirable choice for investors looking to capitalize on the dynamic market.
⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
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Property Details
| MLS® Number | 40543489 |
| Property Type | Office |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Visual Exposure |
| Rental Equipment Type | Water Heater |
About 17 Mill Street E, Acton, Ontario
Building
| Basement Type | Full |
| Stories Total | 2 |
| Size Exterior | 7589.0000 |
| Size Interior | 7589 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 22 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Dc1 |
https://www.realtor.ca/real-estate/26534722/17-mill-street-e-acton
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April 10 2024 02:57:16
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